India, Dec. 10 -- India's Small and Medium Real Estate Investment Trusts (SM REITs) market is likely to cross $75 billion, backed by more than 500 million sq ft of eligible office, logistics and retail assets, according to a report released by CBRE South Asia Pvt. Ltd.

The report titled 'From Niche to Next Wave: SM REITs Forging Real Estate Investment Frontiers' said that REITs own, operate, or finance income-producing real estate across a range of sectors. They enable people to purchase units, typically with a relatively low minimum investment, thereby allowing small investors to access high-value commercial real estate. SM REITs control smaller properties, valued between Rs.50 crore and Rs.500 crore.

A REIT is a regulated investment v...