India’s REITs Make Up Just 19% of Listed Real Estate, Far Below Global Average: Vestian

India’s REIT market remains under-penetrated, accounting for just 19% of listed real estate value compared to a global average of 57%. Vestian Research says this gap signals strong long-term growth potential as India’s REIT ecosystem expands beyond offices into retail, logistics, and data centres.

India’s Office REIT Market Sees Big Headroom: Only 23% of 520 Mn sq. ft. Listed So Far

India’s REIT market has massive untapped potential, with only 23% of the total 520 million sq. ft. REIT-suitable office stock currently listed. Southern cities like Bengaluru, Hyderabad, and Chennai hold the largest stock but remain underrepresented in REIT portfolios. ANAROCK Research highlights a 36% rise in REITable stock since 2023 and identifies 400 Mn sq. ft. of aging office space ready for upgradation. As REIT returns impress investors, the stage is set for further growth and listings.