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Nexus Select Trust

Nexus Select Trust acquires Vega City Mall in Bengaluru for Rs 913 cr

This includes a purchase consideration of Rs 869.75 crore and a balance towards planned capex, including renewables, and closing costsNew Delhi: Nexus Select Trust has acquired Vega City Mall in Bengaluru for an enterprise value of Rs 913 crore.Nexus Select...

Nexus Select Trust’s net operating income rises 6% in Q3 FY25

The company declared a distribution of Rs 332.69 crore, or Rs 2.196 per unit, for Q3 FY25, reflecting a 10% YoY riseBengaluru: India’s first publicly listed retail Real Estate Investment Trust (REIT), Nexus Select Trust, reported a 6% year-on-year...

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...
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