News
Office Reits eye portfolio growth, higher occupancy
Bengaluru: Office real estate investment trusts (Reits) plan to increase their portfolios through acquisitions and development, targeting higher occupancy and leasing, as India's office market defies global workspace contraction and subdued sentiments.
The four publicly listed office Reits in the country—Embassy Office Parks REIT, Mindspace Business Parks REIT, Brookfield India Real Estate Trust (BIRET) and Knowledge Realty Trust (KRT)—have seen their net operating income, occupancy levels and distribution grow in the first half of 2025-26.
Source: Live Mint