1 week ago

India’s REITs Eye $50 Billion Assets as Eligibility Expands

REITs are companies that own buildings and earn money from renting them out.

Indian REITs have continued to perform steadily despite global tensions.

A report says more office space could become eligible to join the REIT sector by 2031.

This could increase the value of the sector from about $33 billion to more than $50 billion.

Office leasing in India reached a record level in the first quarter of 2026.

Occupancy in listed office REIT properties also rose to about 92% in FY26.

Companies called global capability centres were a major source of demand.

The report says strong demand, stable rent income and controlled borrowing could support future growth.

Key facts

Potentially eligible space: More than 150 million square feet by calendar year 2031.
Projected asset value: More than $50 billion, compared with approximately $33 billion currently.
Q1 2026 leasing: 29.9 million square feet, up 6% year-on-year.
Listed REITs: Six listed REITs had a combined gross asset value of nearly Rs 3.13 lakh crore as of May 2026.
Combined debt: Approximately Rs 68,000 crore, largely linked to portfolio acquisitions and expansions.
Occupancy: Average occupancy rose from roughly 84% in FY24 to 89% in FY25 and about 92% in FY26.
Global capability centres: They contributed 48% of office transactions, up from 44% a year earlier.

thehansindia.com · 1 week ago