Indian REITs Association appoints Alok Aggarwal as Chairman

The Indian REITs Association (IRA) has appointed Alok Aggarwal, Managing Director and Chief Executive Officer of Brookfield India Real Estate Trust, as its new Chairman.

Established in 2023 under the guidance of the Securities and Exchange Board of India (SEBI) the Indian REITs Association is a non-profit trade organization that supports the growth and development of India’s Real Estate Investment Trust (REIT) sector.

Its founding members include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust.


"I look forward to collaborating with industry leaders and stakeholders to drive innovation, improve transparency, and create value for investors. Together, we can contribute to the sustainable growth and long-term resilience of REITs in India," said Alok Aggarwal.

Aggarwal is an alumnus of IIT Delhi, where he earned his engineering degree, and ISB Hyderabad, where he completed his MBA.

In his career spanning over three decades in the real estate industry, he has held leadership roles at organizations such as Sun Apollo capital partners, Milestone Capital Advisors, DLF Universal and Mahindra Gesco Developers.

At Brookfield India Real Estate Trust, he is a leading member of the team that established India's first 100% institutionally managed office real estate investment trust.