India Becomes Asia’s 4th-Largest REIT Market, Overtakes Hong Kong: Cushman & Wakefield
India’s market value rose 62% as new listings expanded portfolios and helped it edge past Hong Kong, Cushman & Wakefield said.
- India's REIT market value surged 62% between the end of 2024 and March 2026, enabling it to surpass Hong Kong for the first time and become Asia's fourth-largest REIT market by value.
- India now holds seven REITs with a combined market value of $17.7 billion, while Hong Kong maintains 11 listed REITs valued at $17.4 billion; both account for a 6% share of the Asian market.
- New listings including Knowledge Realty Trust and Bagmane Prime Office REIT added 53.7 million sq ft between June 2025 and June 2026, accounting for around three-quarters of new space added to the six Indian REITs.
- Across Asia, 289 active REIT products reached a combined market value of $279.4 billion as of March 31, 2026, representing an 18% increase from the end of 2024.
- Demand from multinational companies and GCCs favors high-quality office assets, while recent regulatory measures are widening the investor base and improving access to financing, according to Cushman and Wakefield Executive Managing Director Somy Thomas.
13 Articles
13 Articles
aninews.in
LatestlyIndia's REIT market crosses USD 17 bn, overtakes Hong Kong to become Asia's fourth largest: Report
India's real estate investment trust (REIT) market has crossed USD 17 billion, overtaking Hong Kong for the first time to become Asia's fourth-largest REIT market by value, with further portfolio expansion expected to support its growth, according to a report by Cushman & Wakefield.
The Manila Times
European Business MagazineAsia REIT Market Value Grows 18% as Chinese Mainland Drives New Listings and India Becomes Asia's Fourth-Largest REIT Market
Asia's 289 active REIT products reached a combined market value of US$279.4 billion as at 31 March 2026, up from US$235.8 billion at end of 2024The Chinese mainland...
The Economic Times
Times of IndiaIndia becomes Asia’s 4th-largest REIT market, overtakes Hong Kong: Cushman & Wakefield
India has overtaken Hong Kong to become Asias fourth-largest REIT market, with market value rising 62% to $17.7 billion by March 2026, according to Cushman & Wakefield. New listings, strong office occupancy, GCC demand and rising institutional participation have helped expand the market, which now ranks behind Japan, Singapore and China.
India's REIT Market Reaches USD 17.7 Billion, Fourth in Asia
The Real Estate Investment Trust (REIT) market in India has achieved a significant milestone, reaching a valuation of USD 17.7 billion. This represents a notable increase of 62 per cent from USD 11 billion at the close of 2024. The latest figures indicate that India has overtaken Hong Kong for the first time, positioning itself […]
The Bruneian
NusaterkiniAsia REIT Market Value Grows 18% as Chinese Mainland Drives New Listings and India Becomes Asia’s Fourth-Largest REIT Market
Asia's 289 active REIT products reached a combined market value of US$279.4 billion as at 31 March 2026, up from US$235.8 billion at end of 2024 The Chinese mainland contributed 21 out of 27 new listings in Asia in the same period India's REIT market value rose 62% to US$17.7 billion, up from US$11 billion
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
