MUMBAI : Infrastructure investments trusts and real estate investment trusts can raise ₹8 lakh crore to take their total assets under management to ₹10 lakh crore in the next five fiscal, rating agency Crisil said on Thursday. It can be noted that Infrastructure investments trusts (InvITs) and real estate investment trusts (REITs) have been gaining popularity in India lately, after successes overseas. The government has estimated that investments of ₹111 lakh crore are required to be done in infrastructure till 2025, which is double the amount spent in the last five years, requiring alternative channels of financing, it said. As the market expands and regulations open up, the landscape will change, necessitating sharper differentiation in the credit and operating risks of InvITs and REITs, it added. "Lenders and unitholders need to differentiate the varying nature of operating risks of underlying asset classes," its director Nitesh Jain said.

Source: Mint January 28, 2021 10:09 UTC