India’s REIT Potential is 380 million sq ft, Says Colliers Report

India’s REIT Potential is 380 million sq ft, Says Colliers Report

Among six cities, Bengaluru leads the show with the largest share of ‘REIT-able’ stock at 25%.

Bengaluru leads these cities with the largest share of 25 percent, followed by Hyderabad at 19%.

The untapped Real Estate Investment Trust (REIT) potential stands at 57 percent in India.

with 380 million square feet (msf) of existing Grade A office space qualifying to be listed as REITs.

According to a report by Colliers, a global real-estate and investment advice firm.

Additionally, about two-thirds of the ‘REIT-able’ Grade A office stock falls in Secondary Business Districts (SBDs) of the top six cities in India.

Followed by Hyderabad, at 19%. Additionally, about two-thirds of the ‘REIT-able’ Grade A office stock falls in Secondary Business Districts, the report says.