The Asia Real Estate Investment Trust (REIT) market entered a new phase of expansion in 2025–2026, with the Chinese mainland and India REIT markets emerging as the principal engines of regional growth, according to Cushman & Wakefield’s “Asia REIT Market Insight 2025–2026.”
The annual report showed that there were 289 active REIT products in Asia with a combined market value of $279.4 billion as of March 2026, up 18 percent from the end of 2024. Mature markets such as Japan, Singapore and Hong Kong stabilized and recovered moderately, while emerging markets such as Chinese mainland and India gained momentum through new product issuance, expanded asset classes and deeper institutional participation. In addition, ESG disclosure, operational efficiency and asset quality are becoming increasingly important differentiators for investors across Asia’s