New Delhi, Aug. 28 -- More than 300 million square feet (MSF) of office space held by developers is currently available for acquisition by Real Estate Investment Trusts (REITs), creating a window for the sector to expand portfolios as leasing activity and rents remain strong, according to a report by Equirus Securities.

The report said favourable office market conditions, including strong leasing momentum, rental growth and developer-owned inventory, could support fresh capital raising and acquisitions by REITs. It said the available inventory creates an opportunity for REITs to pursue both stabilised assets that can generate immediate income and assets nearing completion that can support future growth.

Of the roughly 854 MSF of organis...