Public trust distributions surged 34.32% QoQ to cross ₹3,300 crore, marking a 55.42% YoY increase. REITs led the sector with 49.49% QoQ and 68.52% YoY growth, supported by strong leasing activity, higher rentals and improved collections. Road InvITs also delivered robust gains due to strong toll traffic and seasonal demand, while Power & Energy assets remained stable
Private InvITs recorded over ₹4,700 crore in distributions, up 13.44% QoQ and 27.53% YoY. Telecom InvITs continued to outperform, driven by increasing tower utilisation and digital infrastructure expansion. Warehouse & logistics, along with road assets, reported healthy quarter-on-quarter growth, while Power & Energy remained steady.
The recent listings of TVS Infrastructure Trust and Knowledge Realty Trust in Q2 FY26, followed by Anantam Highways Trust in Q3 FY26, highlight rising investor confidence and the rapid maturity of India’s InvIT–REIT ecosystem.
Commenting on the outlook, Madhubani Sengupta, Head – Knowledge Services, ICRA Analytics, said the positive momentum is expected to continue in Q3 FY2026, supported by strong commercial leasing, festive-season traffic gains, and growing requirements in telecom infrastructure, solar power and energy.
