Bonds issued by InvITs or REITs are likely to offer at least 100 basis points more than vanilla corporate bonds, fund managers said. InvITs or REITs are formed using a pool of assets that are bunched up in a Special Purpose Vehicle (SPV), which can sell bonds to raise debt up to 50 percent of net worth.
source https://economictimes.indiatimes.com/industry/banking/finance/insure/indias-top-life-insurers-lic-icici-hdfc-sbi-are-set-to-invest-in-invits-reits/articleshow/82243508.cms
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