New Delhi, Dec. 23 -- India's Real Estate Investment Trust (REIT) market has officially arrived on the global stage, surpassing Hong Kong in size and performance despite being just six years old.
According to ANAROCK Capital's latest report, India REITs taking a stride, the domestic REIT ecosystem now commands a gross asset value (GAV) of Rs 2.3 lakh crore and a listed market capitalisation of Rs 1.66 lakh crore making it larger than Hong Kong's REIT market, even though only 32% of India's REIT-ready commercial stock is currently listed.
The report underscores that India's REIT sector has moved well beyond its experimental phase to become a structural investment powerhouse. Across five listed REITs, Embassy Office Parks REIT, Mindspace Bu...