What are IT Parks REITs?
IT Parks REITs invest in technology parks, IT SEZs, and tech campuses that house major IT/ITES companies with long-term lease commitments.
- Tech Sector Backbone: India's $250B+ IT industry drives occupancy
- Long Leases: IT companies sign 9-15 year lease agreements
- High Occupancy: 90%+ occupancy rates in Grade-A IT parks
- Marquee Tenants: Global tech giants as anchor tenants
- Built-in Growth: 15% rent escalation every 3 years typical
How IT Parks REITs Work
These REITs own and manage IT park campuses:
- Trust acquires operational IT parks and tech campuses
- Revenue from long-term leases with IT/ITES companies
- Quarterly distributions from stable rental cash flows
- Campus amenities generate additional ancillary revenue
- Expansion through development of additional campus phases