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Nexus Select Trust

Nexus Select Trust raises Rs 1000 cr via NCDs for mall acquisitions

The capital was raised in two tranches—Rs 600 crore and Rs 400 crore— with bullet repayment on maturity. New Delhi: Nexus Select Trust, India's first retail real estate investment trust (REIT), announced the raising of Rs. 1000 crore through non-convertible debentures...

Nexus Select Trust set to acquire Bengaluru’s Vega City Mall

The company is also in talks to buy South City Mall Kolkata and L& T Metro Malls Hyderabad. New Delhi: Nexus Select Trust, India’s first publicly listed retail real estate investment trust (REIT), is set to acquire Vega City Mall in...

The Nexus Select Trust Showcase

An overview of the Nexus Select Trust’s portfolio which consists of 17 Grade A malls spread across 14 cities New Delhi: Nexus Select Trust is India’s first publicly listed retail real estate investment trust (REIT), comprising 17 Grade A urban...

Blackstone to sell 33 crore units in Nexus Select Trust for nearly Rs 4500 cr

Blackstone currently holds around 43% stake in Nexus Select Trust, which is India's first real estate investment trust (REIT) backed by retail propertiesNew Delhi: Global investment firm Blackstone plans to sell 33 crore units in its REIT firm Nexus...

Nexus Select Trust Q1 net operating income up 7% to Rs 413 cr; to raise up to Rs 1,700 cr

The company achieved retail net operating income of Rs 371.9 crore in April-June period of this fiscal, up 8 per cent from the year-ago periodNew Delhi: Nexus Select Trust, a listed REIT backed by retail real estate, on Tuesday...

Nexus Select Trust records FY24 rev up 13% to Rs 120 billion

Nexus selectIn the fourth quarter of FY24, the company recorded sales totaling Rs 28 billion, demonstrating a 9% YoY increaseBengaluru: Nexus Select Trust (NXST), India’s first publicly listed retail real estate investment trust (REIT), reported a 13% jump in...

Nexus Select Trust posts Rs 107 crore profit in Dec quarter

The company announced the distribution of Rs 303 crore to unitholders in the form of interest and dividendNew Delhi: Nexus Select Trust -- the country's first retail space-backed REIT-- on Tuesday reported a consolidated net profit of Rs 106.85...

Nexus, Phoenix, Lulu among those felicitated at IMAGES Shopping Centre Awards 2023

Brands and professionals under 35 categories were recognized for their innovation and business performance at the IMAGES Shopping Centre Awards 2023 in a glittering ceremony that was part of the Shopping Centres Next 2023 in Bengaluru New Delhi: The Shopping...

Nexus Select Trust REIT IPO subscribed 5.45 times on last day of offer

The portion for non-institutional investors received 6.23 times subscriptions, while the qualified institutional buyers part got subscribed 4.81 timesNew Delhi: The initial public offering (IPO) of Nexus Select Trust, the first REIT backed by rent-yielding retail real estate assets, was...

Nexus Select Trust REIT IPO subscribed 28 pc on first day of offer

The Rs 3,200 crore-share sale received bids for 5,00,49,000 units against 17,60,00,100 units on offerNew Delhi: The Initial Public Offering (IPO) of Nexus Select Trust, the first REIT backed by rent yielding retail real estate assets, was subscribed 28 per...
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Godrej Interio records 25% growth during festive season 2024

The brand witnessed double-digit growth across all zones, with North and Central India emerging as the strongest performing regionsBengaluru:...
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