Indian REITs Association Joins Global REIT Alliance

The Indian REITs Association (IRA) has joined the Global REIT Alliance, an international coalition aimed at advancing the Real Estate Investment Trust (REIT) sector worldwide. The Alliance, launched at the European Public Real Estate Association (EPRA)’s 2025 ReThink conference in Stockholm, Sweden, is committed to strengthening REITs as a trusted asset class and expanding investment opportunities globally.

Bringing together 24 countries and regions, the Alliance serves as a unified voice for REIT advocacy and a platform for knowledge-sharing and standard-setting. The IRA’s membership marks a key milestone for India’s fast-growing REIT market, highlighting its rising significance in the global investment landscape.

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 practice
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

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 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, 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.”