Bengaluru, Aug. 20 -- India's real estate investment trusts, or Reits, are doubling down on expansion through acquisitions and greenfield development, backed by sustained demand for high-quality offices. Amid the growth push, they are set to compete with each other and with funds and wealth management platforms for premium commercial assets, while also tapping sizeable pipelines from their own sponsors.

Most of them who have substantial projects under development will boost leasing and expand their portfolios.

In the June quarter, Reits recorded higher revenue, net income, distribution to unit holders, along with healthy leasing. The momentum in the office sector has stayed strong despite the ongoing geopolitical turmoil and uncertainty...