The Indian REITs Association (IRA) has become a member of the Global REIT Alliance, an international coalition aimed at promoting the growth and development of Real Estate Investment Trusts (REITs) worldwide. The announcement, made on September 29, 2025, highlights India’s increasing relevance in the global REIT ecosystem.
The Global REIT Alliance was launched recently at the European Public Real Estate Association (EPRA)’s 2025 ReThink conference in Stockholm, Sweden. The alliance brings together 24 countries and regions, providing a unified platform for advocacy, knowledge sharing, and standard-setting for the REIT sector. IRA’s membership underscores India’s rapidly developing REIT market and signals its expanding role in international real estate investment networks.
Founded in 2023, the Indian REITs Association is a non-profit trade body operating under the guidance of the Securities and Exchange Board of India (SEBI). The organisation works to advance the growth, governance, and professional standards of REITs in India. Its founding members include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.
The membership in the Global REIT Alliance is expected to provide Indian REITs with access to global best practices and emerging trends in the sector. By collaborating with international REIT associations, IRA members can enhance investor confidence, strengthen market transparency, and contribute to policy discussions at an international level.
IRA executives highlighted the potential benefits of joining the alliance. The association noted that participation in the global platform will allow Indian REITs to exchange market insights, benchmark operational standards, and explore cross-border investment opportunities. This collaboration aims to support the continued expansion of REITs as a transparent and reliable investment class, both in India and globally.
Representatives of the Global REIT Alliance welcomed India’s inclusion, noting that the country’s REIT market has achieved notable growth in a short span of time. The alliance emphasized that the participation of Indian REITs will bring unique perspectives to the global network, particularly in terms of innovative governance models, portfolio strategies, and urban commercial real estate management.
Analysts view this development as a significant step for the Indian commercial real estate sector. The country’s REIT market, while still in a relatively early phase compared to markets in North America and Europe, has shown consistent growth in listed assets and investor participation. Joining the Global REIT Alliance is expected to enhance credibility, attract institutional capital, and encourage the adoption of global best practices in regulatory compliance, asset management, and investor reporting.
The IRA’s move also reflects broader trends in India’s real estate market, where institutional investment is increasingly shaping office, retail, and industrial asset segments. By leveraging the alliance’s international knowledge base, Indian REITs can further standardize operational processes, refine portfolio strategies, and contribute to sector-wide growth.
The Global REIT Alliance membership aligns with IRA’s ongoing efforts to strengthen the domestic REIT ecosystem and expand the availability of high-quality, professionally managed real estate assets for investors. It marks a step toward deeper integration of Indian REITs into global investment networks and highlights India’s potential as a growing destination for institutional real estate capital.