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The Economic Times
The Economic Times
Business
Kshitij Anand

India becomes Asia’s 4th-largest REIT market, overtakes Hong Kong: Cushman & Wakefield

REIT India Asia Hong Kong Japan Singapore Cushman & Wakefield ( China

India’s REIT market value rose 62% to $17.7 billion between end-2024 and March 2026, driven by new listings, strong office occupancy and growing institutional participation.

India has emerged as Asia’s fourth-largest Real Estate Investment Trust (REIT) market by market value, overtaking Hong Kong for the first time, as the country’s REIT market expanded sharply over the past year, according to Cushman & Wakefield’s Asia REIT Market Insight 2025–2026.

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