Indian REITs Association Strengthens Global Ties by Joining the Global REIT Alliance
The Indian REITs Association (IRA) has officially joined the Global REIT Alliance, a significant step towards promoting and advancing the REIT sector on a global scale. This move underscores the growing importance of India’s REIT market in the international financial landscape.
ReitsGlobal Reit AllianceIndian Reits AssociationReal EstateInvestmentReal Estate NewsSep 29, 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.”
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 worldwide. It brings together 24 countries and regions to advocate for REITs, share knowledge, and set standards.
Why is the Indian REITs Association joining the Global REIT Alliance?
The Indian REITs Association (IRA) is joining the Global REIT Alliance to enhance the global visibility of India’s REIT market, share market perspectives, and collectively drive the growth of REITs globally.
What are the core objectives of the Global REIT Alliance?
The core objectives include raising global awareness of REITs, forging a global network, influencing public policy, guiding standards setting, leading on sustainable investment, and encouraging an informed marketplace.
Who are the founding members of the Indian REITs Association?
The founding members of the Indian REITs Association (IRA) are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.
What is the role of the Indian REITs Association in the Global REIT Alliance?
The Indian REITs Association will contribute to the Alliance’s mission by sharing insights, participating in knowledge-sharing platforms, and promoting best practices in the REIT sector.
Related News Articles
Raymond Reports Stellar Q1 Results with 26.7% Rise in Profit and 98.1% Jump in Revenue
The company's Real Estate and Engineering business recorded consolidated quarterly revenue at Rs 998 crore, posting a growth of 93% and an EBITDA of Rs 162 crore.
HoABL Infraworld Acquires Historic American Center in Mumbai
HoABL Infraworld Pvt Ltd has purchased the iconic American Center building in South Mumbai for Rs 56 crore, marking a significant real estate milestone in the city.
Luxury Apartments Selling Like Hotcakes: Inside India’s Real Estate Boom
The unprecedented rise in wealth following the pandemic has ignited a boom in the luxury housing market, transforming the real estate landscape across the country.
Goa's Colva Real Estate Project Faces Penalties for RERA Violations
A prominent real estate developer in Goa is facing strict scrutiny and potential penalties for violating the Real Estate (Regulation and Development) Act (RERA). This development highlights the growing importance of regulatory compliance in the constructi
CitiCorp Secures 10-Year Lease for Massive Pune Office Space
In a groundbreaking deal, CitiCorp Services India Pvt Ltd has signed a 10-year lease for a significant office space in Pune, marking one of the largest commercial real estate transactions in the city.
SP Group Secures $3.3 Billion Through High-Yielding Bond Issue
The Shapoorji Pallonji Group has successfully raised $3.3 billion through a high-yielding debt issue, one of the largest private credit fundraises in India this year. The funds will be used to redeem existing NCDs and support various business ventures.