India’s Real Estate Investment Trust (REIT) market demonstrated robust growth in 2024 and continues to attract strong invest interest. In a recent panel discussion on CNBC TV-18, Somy Thomas, Executive Managing Director – Valuation and Co-Head Capital Markets, shared key insights from Cushman & Wakefield’s Asia REIT Market Insight 2024-25.
Somy highlighted how India’s office REITs have set a new benchmark, delivering over 15% total returns in last 12 months, outperforming the BSE Realty Index. He attributed this surge to three critical factors: continued expansion of GCCs seeking quality office space, supply constraints in prime markets that are pushing existing tenants to renew at higher rentals, and the sustained return-to-office trend across sectors.
Watch the full segment to learn how India’s office REITs are well-positioned for continued outperformance and deeper institutional participation.