Embassy Office Parks REIT offers the highest dividend yield and strong stability for income-focused investors.
Mindspace Business Parks REIT delivers the best long-term growth with over 52% five-year returns.
Nexus Select Trust and Brookfield India REIT provide solid diversification across retail and office spaces, ensuring balanced returns and steady income.
Real Estate Investment Trusts (REITs) are one of the best ways to invest in property without buying real estate directly. They generate regular income and provide long-term growth to investors. REITs are gaining traction in India as well, with many people investing in office spaces and shopping centers.
As of October 2025, four REITs have shown excellent performance: Mindspace Business Parks REIT, Nexus Select Trust, Embassy Office Parks REIT, and Brookfield India Real Estate Trust. These REITs focus on different property types such as offices and retail spaces. Below is a simple look at how each of these REITs is performing and what makes them stand out.
Mindspace Business Parks REIT (MINDSPACE) has shown strong growth this year. Its market price is Rs. 462.10, which is close to its 52-week high of Rs. 469.99. The lowest price in the past year was Rs. 354.30, showing it has moved up steadily. The market value (market cap) of this REIT is Rs. 28,150.38 crore, making it a small-cap company in this segment.
The P/E ratio is 59.10, which is higher than the industry average of 48.77. This means investors expect the company to earn more in the future. The PB ratio is 1.90, showing a fair value, and the dividend yield is 4.75%, which is good for those looking for steady income.
Mindspace has a return on equity (ROE) of 3.20%, showing it earns moderate profits. Over time, it has given 26.81% returns in one year, 25.03% in three years, and 52.03% in five years. These numbers show strong long-term performance.
Mindspace mainly invests in office buildings used by IT and financial companies in big cities. Its properties have strong tenants and long-term leases, which help provide regular income.
Nexus Select Trust (NXST) is India’s first retail REIT, focusing on shopping malls and retail spaces. Its current market price is Rs. 159.56, and the highest price in the last year was Rs. 168.35, while the lowest was Rs. 120.00. The REIT’s market cap is Rs. 24,173.34 crore, which also puts it in the small-cap group.
Nexus has a P/E ratio of 50.07, which is slightly higher than the industry average of 48.77, showing good investor confidence. The PB ratio is 1.71, and the dividend yield is 3.98%, meaning it gives decent regular income to investors.
Its ROE is 3.32%, and it has given 11.05% one-year returns, 53% returns over three years, and 53% over five years. These numbers show that the REIT has performed well, especially over the long term.
Nexus focuses on shopping malls and retail spaces in big cities. As India’s retail and shopping market continues to grow, Nexus benefits from higher rent, more visitors, and stable tenants. It is a good option for investors who want to invest in India’s growing retail sector.
Embassy Office Parks REIT (EMBASSY) is one of the biggest and most well-known Indian REITs. It focuses mainly on office properties. The market price is Rs. 419.19, with a 52-week high of Rs. 430.00 and a low of Rs. 342.10. It has a market cap of Rs. 39,734.76 crore, which makes it a mid-cap REIT.
Embassy has a P/E ratio of 24.46, which is much lower than the industry average of 48.77. This means the REIT might be undervalued and could have room for growth. The PB ratio is 1.75, and it offers a strong dividend yield of 5.49%, which is higher than most others in the sector.
The ROE is 7.06%, showing it manages capital well. Embassy has given 7.48% one-year returns, 22.43% in three years, and 17.76% in five years. Its returns are stable and consistent.
The REIT owns large office parks rented to top multinational companies, especially in cities like Bengaluru, Pune, and Mumbai. With a strong tenant base and reliable rental income, Embassy remains one of the safest and most dependable REIT investments in India.
Brookfield India Real Estate Trust (BIRET) focuses on office spaces and is backed by the global Brookfield Group. Its current market price is Rs. 341.05, and the highest price in the last year was Rs. 350.90, while the lowest was Rs. 270.87. Its market cap is Rs. 21,827.56 crore, making it a small-cap REIT.
Brookfield has a P/E ratio of 118.14, which is much higher than the industry P/E of 48.77. This shows investors believe the REIT will grow strongly in the future. The PB ratio is 1.36, which means the price is close to its book value. The dividend yield is 5.36%, which gives a steady income stream.
Its ROE is 1.31%, showing moderate returns on equity. In terms of performance, it has given 16.77% returns in one year, 7.03% over three years, and 26.82% over five years. These returns show steady growth over time.
Brookfield owns high-quality office properties with top corporate tenants in India’s main business areas. With its global background and professional management, the REIT maintains high standards and offers stable returns.
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Each of the four REITs has its own strengths. Embassy Office Parks REIT is the largest and offers the highest dividend yield at 5.49%, making it a strong choice for income-seeking investors. Mindspace Business Parks REIT shows the best long-term growth, with a five-year return of over 52%.
Nexus Select Trust gives exposure to the retail market, which is growing fast in India. Brookfield India REIT offers a strong yield and global backing, giving it an edge in terms of quality and management.
In terms of market size, Embassy is the biggest with Rs. 39,734.76 crore, followed by Mindspace at Rs. 28,150.38 crore, Nexus at Rs. 24,173.34 crore, and Brookfield at Rs. 21,827.56 crore. When it comes to regular income, Embassy and Brookfield lead with dividend yields above 5%, while Mindspace and Nexus focus more on growth.
The REIT market in India is growing fast as more investors look for stable and safe investment options. REITs provide steady rental income, regular dividends, and the chance for long-term value growth. The demand for office and retail spaces continues to increase as companies expand and consumers spend more.
Embassy, Mindspace, Nexus, and Brookfield have proven their ability to give good returns and maintain stability. Office REITs benefit from India’s strong business growth, while retail REITs like Nexus gain from rising consumer demand.
Looking ahead, the performance of these REITs is expected to stay strong. Investors can choose among them based on their goals, whether they want regular income, long-term growth, or exposure to specific real estate sectors.
REITs are now an important part of India’s investment sector. They offer a mix of steady income, professional management, and lower risk compared to direct property investment. The four best-performing REITs in October 2025 are Mindspace Business Parks REIT, Nexus Select Trust, Embassy Office Parks REIT, and Brookfield India Real Estate Trust, have shown solid financial performance, strong occupancy rates, and consistent returns.
Each one provides a unique opportunity. Mindspace is great for growth, Embassy is ideal for income, Nexus gives access to the booming retail market, and Brookfield offers stability backed by global expertise. Together, they show the strength and promise of India’s REIT market, making 2025 a great time to consider investing in this growing asset class.
1. What is a REIT?
A REIT (Real Estate Investment Trust) is a company that owns, operates, or finances income-producing real estate and allows investors to earn income without buying physical property.
2. Which REIT performed the best in October 2025?
In October 2025, Mindspace Business Parks REIT showed the best overall performance with strong long-term returns and steady growth in market value.
3. Which REIT gives the highest dividend yield?
Embassy Office Parks REIT offers the highest dividend yield at 5.49%, making it ideal for investors looking for regular income.
4. Is investing in REITs safe?
Yes, REITs are regulated by SEBI and provide transparency, professional management, and regular income, making them safer than direct property investments.
5. Which REIT is best for beginners?
Nexus Select Trust is a good choice for beginners because it focuses on retail spaces, has steady returns, and offers a balanced mix of growth and income.