New Delhi, May 20 -- Volatility in equity markets may have led to several initial public offers being pulled back but new issues by yield-generating real estate and infrastructure investment trusts continue to find takers on the back of steady cash flows and investor demand for predictable returns.

As the name suggests, real estate investment trusts, or REITs, are companies that own and run income-generating real estate assets, while infrastructure investment trusts, or InvITs, do the same with infrastructure projects. Both REITs and InvITs have steady, predictable income streams and the trusts distribute most cash flows to investors.

After the recent Bagmane REIT momentum, firms such as Cube Highways InvIT and Horizon Parks are moving ...