REITs' leasable area to rise 30% by FY28, credit profiles to remain healthy

India's listed office REITs are poised for significant expansion, with leasable space projected to grow by 40-45 million sq ft by 2027-28. This growth, fueled by new listings and acquisitions, coupled with strong rental income and stable occupancy, will bolster credit profiles. Despite reliance on debt for future acquisitions, leverage is expected to remain controlled, ensuring a robust sector.

Raccontata daeconomictimes.indiatimes.com