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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...

Yogeshwar Sharma joins DLF Retail

Sharma will report to Pushpa Bector, senior executive director and business head of DLF Retail New Delhi: Veteran shopping centre professional Yogeshwar Sharma joined as the new chief of leasing and business development at DLF Retail on Wednesday, according to...

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...

India’s retail real estate heats up as global brands make a beeline for India

As many as 24 new global brands have forayed in the last two years across Mumbai, Delhi NCR, Bengaluru, Hyderabad and Chennai. This is leading to a resurgence of retail real estate, as per industry leaders at Shopping Centres...

Decathlon opens large format store in Bengaluru

Situated at Nexus Mall, Koramangala, the new outlet is the 15th Decathlon store in Bengaluru Bengaluru: French sporting goods brand Decathlon has launched a large format store in Bengaluru at Nexus Malls, a mall official wrote on social media. Situated at...

Tata Cliq Palette opens its first offline store in Navi Mumbai

The new Tata Cliq Palette store is located at Nexus Seawoods, Nerul East in Navi Mumbai  Mumbai: House of Tata’s Tata Cliq Palette has opened its first beauty-tech store in Navi Mumbai, Maharashtra, a company announced on social media. The...

Tech icon of the week: Rahul Khona, Nexus Malls

IndiaRetailing brings you a series on India’s key retail tech icons. Featuring Rahul Khona, CTO, Nexus Malls this weekNew Delhi: Today’s CIO must know how to leverage technology to create value for the business. No longer are CIOs department...

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...

Blackstone’s Nexus plans to double mall portfolio in 4-5 years

Nexus Select Trust has acquired 17 shopping malls since the 2015-16 fiscal year and intends to grow its business inorganicallyNew Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust plans to double its portfolio of shopping malls in the next...

Birkenstock expands its retail footprint: opens five new stores in India

Newly opened outlets are situated at Nexus Mall Hyderabad, Sarath City Mall Hyderabad, Nexus Mall Koramangala (Bangalore), Pacific Mall Dehradun, and Phoenix Citadel Mall Indore Bengaluru: German footwear firm Birkenstock Group B.V has expanded its store footprint in India with the launch of...
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Wooden Street turns 9

Omnichannel furniture retailer Wooden Street is celebrating completing nine years with a special sale campaign offering 75% discount on...
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