New Delhi, Jan. 30 -- India's operational REIT market is currently valued at Rs.2.3 trillion, comprising four listed office REITs and one retail REIT, according to a JLL report titled Emerging Horizons: Analyzing REIT Performance in India's Evolving Real Estate Market. The report noted that high-quality, well-performing office assets alone represent an additional opportunity worth Rs.5.9 trillion, indicating a potential fourfold growth for the office REIT segment.

With a substantial pool of real estate assets across commercial office, retail, warehousing, and data centre segments yet to be securitised, the REIT universe is expected to witness a significant expansion in new listings over the next five to seven years, the report said.

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