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One Reit may enter market annually for next 3-5 years, says IRA chief

The Indian REIT sector is poised for expansion with at least one new listing annually over the next three to five years, driven by rising occupancies, strong leasing momentum, and investor confidence

Chief Executive Officer (CEO) of Brookfield India Real Estate Investment Trust (Reit) and Chairperson of Indian Reits Association Alok Aggarwal
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Alok Aggarwal, Managing Director & CEO of Brookfield India Real Estate Trust and Chairman of the Indian REITs Association | File Image

Gulveen Aulakh New Delhi
India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years.
 
This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.
 
“We expect that probably one player, on average every year, will continue to launch their Reit in the short-to-medium term. We feel short-to-medium will be three to five years,” said Alok Aggarwal, managing director (MD) & chief executive officer (CEO), Brookfield India Real Estate Trust and chairman of