Leading Provider of Equity and Investment Research

GSBR Research

We are an independent equity research provider focused on covering global markets. The aim of the research is to provide an unbiased view of the fundamentals of the company.

Founder, CEO, GSBR Research

Garvit Bhandari

Founder, CEO

Thematic (Sector/Industry)

India Office reits / Thematic (Sector/Industry)

<ul>
<li>India's office market hit record H1 2026 leasing of 45.5 msf, with GCCs driving 43% of demand; listed REITs are the cleanest vehicle to capture this strength.</li>
<li>SEBI's equity reclassification (effective January 2026) and RBI's draft proposal on direct bank lending are set to expand the buyer base and lower funding costs.</li>
<li>The five established listed REITs manage 187+ msf of Grade A space with INR2.72 trillion gross AUM and distributed over INR8,900 crore in FY26.</li>
</ul>


India's office market hit record H1 2026 leasing of 45.5 msf, with GCCs driving 43% of demand; listed REITs are the cleanest vehicle to capture this strength.
SEBI's equity reclassification (effective January 2026) and RBI's draft proposal on direct bank lending are set to expand the buyer base and lower funding costs.
The five established listed REITs manage 187+ msf of Grade A space with INR2.72 trillion gross AUM and distributed over INR8,900 crore in FY26.


Brookfield India Real Estate Trust (BIRET IN)

India Office REITs: Structural Demand Meets a Regulatory Inflection Point