The Indian REITs Association (‘IRA’), is a non-profit trade organisation formed under the guidance of the Securities and Exchange Board of India (SEBI) and Ministry of Finance, committed to advancing the growth and development of the Real Estate Investment Trust (REIT) sector in India.

IRA will closely collaborate with SEBI, the primary REIT regulator, to advocate for both business and investor interests while adhering to regulations. The IRA aims to be a body of integrity and excellence, and foster industry best practices that are benchmarked to leading global REIT standards.
Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust are the founding members of the IRA.
Website: https://indianreitsassociation.com/

Brookfield India Real Estate Trust is India's first institutionally managed REIT, comprising seven large integrated office parks located in key gateway markets of India – Mumbai, Gurugram, Noida, and Kolkata. The Brookfield India REIT portfolio consists of 25.4M sf of total leasable area, comprising 20.7M sf of operating area, 0.7M sf of under construction area and 3.9M sf of future development potential. Brookfield India REIT has a right of first offer on an additional 4.0M sf, currently owned by members of the Brookfield Group.

Brookfield India REIT is sponsored by an affiliate of Brookfield whose asset management business is one of the world’s leading alternative asset managers with approximately US$900 billion of assets under management across real estate, infrastructure, renewable power, private equity and credit strategies and a global presence across more than 30 countries. The quality of assets owned by Brookfield India REIT, together with the sponsor group’s expertise in owning and operating assets over several years, makes it the preferred “landlord of choice” for tenants.
To know more visit: Brookfield India Real Estate Investment Trust - Invest in India's Growing Real Estate Market (brookfieldindiareit.in)

Embassy REIT is India’s first publicly listed Real Estate Investment Trust. Embassy REIT owns and operates a 45.4 million square feet (“msf”) portfolio of nine infrastructure-like office parks and four city‑centre office buildings in India’s best-performing office markets of Bengaluru, Mumbai, Pune, and the National Capital Region (“NCR”). Embassy REIT’s portfolio comprises 35.8 msf completed operating area and is home to 244 of the world’s leading companies.

The portfolio also comprises strategic amenities, including four operational business hotels, two under‑construction hotels, and a 100 MW solar park supplying renewable energy to tenants. Embassy REIT’s industry leading ESG program has received multiple accolades from renowned global institutions and was awarded a 5-star rating both from the British Safety Council and GRESB. Embassy REIT was also recognised as the world’s largest ‘USGBC LEED Platinum-Certified’ office portfolio (v4.1 O+M) by Green Business Certification Inc.
To Know more visit: https://www.embassyofficeparks.com/

Mindspace Business Parks REIT, sponsored by K Raheja Corp group, listed on the Indian bourses in August 2020. The REIT owns quality office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad, and Chennai, and is one of the largest Grade-A office portfolios in India. The portfolio has a total leasable area of 33.1 msf comprising of 26.2 msf of completed area, 4.4 msf of area under construction and 2.5 msf of future development. The portfolio consists of 5 integrated business parks and 5 quality independent office assets with superior infrastructure and amenities.

It has a diversified and high-quality tenant base, with over 210 tenants as of December 31, 2023. Most of the buildings in the portfolio are either Gold or Platinum Green Building Certified (IGBC/LEED). The assets provide a community-based ecosystem and have been developed to meet the evolving standards of tenants, and the demands of ‘new age businesses’, making it amongst the preferred options for both multinational and domestic corporations.
To know more visit www.mindspacereit.com

Nexus Select Trust (NXST) is India’s first publicly listed Retail Mall Real Estate Investment Trust (REIT). NXST has a portfolio of 17 best-in-class Grade A urban consumption centres with a Gross Leasable Area of ~9.9 million square feet spread across 14 cities in India, two complementary hotel assets (354 keys) and three office assets with a Gross Leasable Area of ~1.3 million square feet.

NXST started its journey in 2015 with 2 malls and have since expanded to 17 malls in key cities across India. NXST follows a comprehensive strategy right from the identification and evaluation of property to their acquisition, with a goal of transforming them into long-term, high-value investments. With a track record of successfully acquiring, integrating and reviving malls, NXST serve as a distinct platform offering opportunities for businesses entering India's thriving retail market. NXST have a diversified tenant base of over 1,000 domestic and international brands spanning across ~3000 stores.
To know more visit: https://www.nexusselecttrust.com/