India fastest-growing REIT market in Asia Pacific
India's real estate investment trust (REIT) market grew 31% YoY in 2023, the fastest growth in the Asia Pacific region, according to a report by Cushman & Wakefield. The growth was largely due to the introduction of Blackstone's Nexus Select Trust, the country's first publicly listed retail REIT. The market is still relatively young, with only four REITs in India, but the market's growth is attributed to high investor interest.
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