Indian REITs Association Joins the
Global REIT Alliance, Strengthening International Collaboration on Real Estate
Investment Trust
Mumbai, September 29, 2025: The Indian REITs Association (IRA) announced
joining the Global REIT Alliance, an international coalition dedicated to
advancing the Real Estate Investment Trust (REIT) sector worldwide. The Global
REIT Alliance is committed to strengthening REITs as a trusted asset class and
expanding investment opportunities globally. The Alliance was officially
launched recently at the European Public Real Estate Association (EPRA)’s 2025
ReThink conference in Stockholm, Sweden.
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
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
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 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 organisation 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, and foster 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/
