Sebi planning ‘micro’ REITs to boost nascent market
The Securities and Exchange Board of India (SEBI) is considering reducing the size of REITs, allowing them to hold just a single asset or a diversified portfolio, to increase supply and flexibility for investors, said the official.REITs in India must now have a minimum asset value of 5 billion rupees ($60 million). The possibility that SEBI may lower the minimum has not been reported previously.
