Indian REITs Association Joins Global REIT Alliance, Bolstering International Growth
The Indian REITs Association (IRA) has officially joined the Global REIT Alliance, a significant step for India's growing REIT market. This move aims to enhance global awareness and promote best practices in the real estate investment sector.
ReitsGlobal Reit AllianceIndian Reits AssociationReal Estate InvestmentEsg StandardsReal EstateSep 30, 2025
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.
Key Objectives of the Alliance
The Alliance has outlined six core objectives to achieve its mission:
- 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.
Ms Preeti Chheda, Executive Committee Member of the Indian REITs Association and CFO of Mindspace Business Parks REIT, who attended the launch event, 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.”
Welcoming the Indian REITs Association, Mr. Peter Verwer, Spokesperson of the Global REIT Alliance, 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.”
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 aims to strengthen REITs as a trusted asset class and expand investment opportunities globally.
Why is the Indian REITs Association joining the Global REIT Alliance?
The Indian REITs Association is joining the Global REIT Alliance to enhance global awareness of the benefits of securitised real estate, share market perspectives, and collectively drive the growth of REITs globally.
What are the key objectives of the Global REIT Alliance?
The key objectives include raising global awareness, forging a global network, influencing public policy, guiding standards setting, leading on sustainable investment, and encouraging an informed marketplace.
Who is Ms Preeti Chheda and what is her role in the Indian REITs Association?
Ms Preeti Chheda is an Executive Committee Member of the Indian REITs Association and the CFO of Mindspace Business Parks REIT. She attended the launch event of the Global REIT Alliance.
What does Mr. Peter Verwer, Spokesperson of the Global REIT Alliance, say about the Indian REITs Association joining the Alliance?
Mr. Peter Verwer welcomed the Indian REITs Association, noting that India’s REIT market has shown remarkable growth and that its inclusion will bring valuable insights to the Alliance, strengthening the global REIT ecosystem.
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