Even so, Reits’ exposure to IT remains significant. The five listed trusts earned about one-third of their gross rental income from IT tenants in Q3FY26, according to Anarock Capital. Embassy Office Parks REIT has the highest IT hub exposure, with two-thirds of its portfolio in Bengaluru. Meanwhile, Hyderabad accounts for 43% of Mindspace Business Parks REIT’s portfolio, leaving both vulnerable to future disruption in the software services sector.
