Indian REITs Association Joins Global REIT Alliance: A Milestone for the Indian Market
The Indian REITs Association (IRA) has officially joined the Global REIT Alliance, marking a significant milestone for India's rapidly growing Real Estate Investment Trust (REIT) sector. This move aims to enhance global awareness, promote modern REIT markets, and foster international collaboration.
ReitsGlobal Reit AllianceIndian Reits AssociationReal EstateInvestmentReal EstateSep 29, 2025
The Alliance was officially launched recently at the European Public Real Estate Association (EPRA)’s 2025 ReThink conference in Stockholm, Sweden. The Global REIT Alliance brings together 24 countries and regions, creating a unified voice for REIT advocacy and a platform for knowledge-sharing and standard-setting.
The IRA’s membership marks a significant milestone for India’s rapidly growing REIT market, underscoring its increasing importance on the global stage. This move is expected to boost investor confidence and attract more international investment into the Indian REIT sector.
Objectives of the Alliance
The Global REIT Alliance has several key objectives that aim to elevate the REIT sector globally:
- Raise Global Awareness : Enhance international understanding of the benefits of securitised real estate and promote modern REIT markets.
- Forge a Global Network : Provide a platform for REIT advocates to share strategies, market intelligence, and industry best practices.
- Influence Public Policy : Inform policymakers worldwide about effective REIT policy frameworks.
- Guide Standards Setting : Assist in developing relevant, fit-for-purpose voluntary standards and benchmarks for the REIT industry.
- Lead on Sustainable Investment : Support initiatives to strengthen environmental, social, and governance (ESG) standards within the industry.
- Encourage an Informed Marketplace : Collaborate with stakeholders to generate and share high-quality data on market trends and performance.
At the launch event, Preeti Chheda, Executive Committee Member of the Indian REITs Association and CFO of Mindspace Business Parks REIT, said, “Becoming a part of the Global REIT Alliance marks a significant milestone for the Indian REIT market. This alliance provides a vital platform to collaborate with the global REIT community, exchange market perspectives, and collectively drive the growth of REITs globally. We look forward to contributing to the Alliance’s mission of shaping and promoting opportunities for investing in REITs.”
Peter Verwer, Spokesperson of the Global REIT Alliance, welcomed the Indian REITs Association and said, “We are delighted to welcome the Indian REITs Association to the Global REIT Alliance. India’s REIT market has already demonstrated remarkable growth in a relatively short span of time, and its inclusion will bring valuable insights and perspectives to the Alliance. Together, we aim to strengthen the global REIT ecosystem, broaden investor participation, and promote REITs as a trusted and transparent asset class worldwide.”
This collaboration is expected to foster a more robust and resilient REIT market in India, aligning it with global best practices and standards. It also highlights the growing importance of REITs in the Indian real estate sector, which is poised for significant growth and development in the coming years.
Frequently Asked Questions
What is the Global REIT Alliance?
The Global REIT Alliance is an international coalition dedicated to advancing the Real Estate Investment Trust (REIT) sector worldwide. It brings together 24 countries and regions to create a unified voice for REIT advocacy and a platform for knowledge-sharing and standard-setting.
Why is the Indian REITs Association joining the Global REIT Alliance significant?
The Indian REITs Association joining the Global REIT Alliance marks a significant milestone for India’s rapidly growing REIT market. It enhances global visibility, promotes modern REIT markets, and fosters international collaboration, which can attract more international investment.
What are the key objectives of the Global REIT Alliance?
The key objectives of the Global REIT Alliance include raising global awareness about REITs, forging a global network, influencing public policy, guiding standards setting, leading on sustainable investment, and encouraging an informed marketplace.
Who are the key figures involved in this alliance?
Key figures involved in this alliance include Preeti Chheda, Executive Committee Member of the Indian REITs Association and CFO of Mindspace Business Parks REIT, and Peter Verwer, Spokesperson of the Global REIT Alliance.
What are the expected outcomes of this alliance for the Indian REIT market?
The expected outcomes include enhanced global visibility, increased investor confidence, and the adoption of global best practices and standards. This can lead to significant growth and development in the Indian REIT sector.
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