the performance of indias maiden real estate investment trust reit embassy office parks reit with nearly 35 appreciation in its price over the past six months since its listing in april has offered hope to realty developers looking to raise funds amid the continuing liquidity crunchseveral commercial real estate developers with portfolios of income producing assets are now keen to list their holdings through a reit developers including blackstones india partners salarpuria sattva and k raheja corp are exploring the reit listing option of these k raheja corp is set to take their jointly owned 20 million sq ft commercial portfolio public with listing of a reit by march itselfinvestors preference for the only listed reit over the past two quarters backed by the reits dividend distribution and revenue performance apart from low appetite for listed realty companies is also prompting interest for monetising incomeyielding portfolios through reitsencouraged by the investors response to indias first reit listing by embassy group there are a few developers who are thinking of taking the plunge in the near future reits are definitely a viable funding alternative for cashstarved developers in the current scenario wherein they have been battling liquidity squeeze said anuj puri chairman anarock property consultantsembassy office parks reit has appreciated by around 35 in the past six months from its listing price of rs 300 per unit the rise has been the highest compared with its asian peers global office reits benchmark indices or any listed real estate companyaccording to industry experts the rise in reit price is on the back of among others a quarterly dividend distribution of rs 54 or 18 which is higher than realty companies have distributed annually this sole reit listing in india is now part of london stock exchanges ftse indices ftse all world and ftse apac midcap list embassy reits market capitalisation has risen to over rs 31000 crore on basis of the stock price appreciation qualifying it for large cap categorisationaccording to puri developers along with global investors having large portfolio of indian properties such as brookefield gic and canada pension fund could consider these opportunities and eventually take a bite of the indian reits market given the volatility of various asset classes across spectrum in the current scenario investors both big and small see reits as being the least risky and one that offers decent return on investment roi up to nearly 1214 annual returns over the longterm said ceo of a realty developer that is exploring reit listing of its commercial portfolioin the backdrop of the success of reits in developed nations global investors are bullish on developing countries such as india where demand for grade a commercial asset is significantly highadditionally investors who have invested in the countrys maiden reit believe it provided them an opportunity to make investments into the commercial real estate segment at fairly lower entry levels something which they couldnt do earlier also for investors looking to diversify their investment portfolios reits are