Indian REITs Association Joins Global REIT Alliance, Boosting International Influence
The Indian REITs Association (IRA) has joined the Global REIT Alliance, marking a significant milestone for India's rapidly growing REIT market. This alliance aims to enhance global awareness, forge a network, influence public policy, set standards, lead on sustainable investment, and encourage an informed marketplace.
ReitsIndian Reits AssociationGlobal Reit AllianceReal EstateInvestmentReal EstateSep 29, 2025
Mumbai, September 29, 2025: The Indian REITs Association (IRA) has announced its membership in the Global REIT Alliance, an international coalition dedicated to advancing the Real Estate Investment Trust (REIT) sector globally. The Global REIT Alliance is committed to strengthening REITs as a trusted asset class and expanding investment opportunities worldwide. The Alliance was officially launched recently at the European Public Real Estate Association (EPRA)’s 2025 ReThink conference in Stockholm, Sweden.
Key Objectives of the Alliance
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.
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.
IRA’s Perspective
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.”
Global REIT Alliance’s Welcome
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.”
About Indian REITs Association
Founded in 2023, the Indian REITs Association (‘IRA’) is a non-profit trade organization formed under the guidance of the Securities and Exchange Board of India (SEBI), committed to advancing the growth and development of the Real Estate Investment Trust (REIT) sector in India. The IRA aims to be a body of integrity and excellence, fostering industry best practices that are benchmarked to leading global REIT standards. Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust are the founding members of the IRA.
Link to the IRA Website: [https://indianreitsassociation.com/](https://indianreitsassociation.com/)
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 globally. It aims to strengthen REITs as a trusted asset class and expand investment opportunities worldwide.
What are the core objectives of the Global REIT Alliance?
The core objectives of the Global REIT Alliance include raising global awareness, forging a global network, influencing public policy, guiding standards setting, leading on sustainable investment, and encouraging an informed marketplace.
Why is the Indian REITs Association joining the Global REIT Alliance?
The Indian REITs Association (IRA) is joining the Global REIT Alliance to enhance international understanding of the benefits of securitised real estate, share market perspectives, and collectively drive the growth of REITs globally.
What is the Indian REITs Association (IRA)?
The Indian REITs Association (IRA) is a non-profit trade organization formed under the guidance of the Securities and Exchange Board of India (SEBI). It is committed to advancing the growth and development of the Real Estate Investment Trust (REIT) sector in India.
How does the Global REIT Alliance benefit the REIT industry?
The Global REIT Alliance benefits the REIT industry by providing a platform for knowledge-sharing, influencing public policy, setting industry standards, promoting sustainable investment, and generating high-quality data on market trends and performance.
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