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Nexus Select Trust

In Focus

Strategic Advancements: Promotions Strengthens Nexus Select Trust’s Leadership Team

R S Roy -
In a move that underscores its leadership depth and operational ambition, Nexus Select Malls has announced key senior leadership promotions: Jayen Naik has been elevated to President – Operations, fortifying the execution backbone of the company. Nirzar Jain now...
Latest News

Nexus Select Trust buys retail-cum-hotel complex in Ludhiana for Rs 531 cr enterprise value

PTI -
This high-quality, Grade-A urban consumption centre spans about 0.3 million sq. ft. and includes a 96-key Radisson Hotel New Delhi: Nexus Select Trust on Wednesday said it has completed the acquisition of a commercial complex comprising a shopping mall and...
In Focus

Nexus Select Trust to soon complete mall acquisition in Ludhiana; looking to buy more assets

PTI -
The company remain bullish about the growth in the organised retail sector and also the demand for premium retail real estate space in India New Delhi: Nexus Select Trust, a Blackstone-sponsored listed retail Real Estate Investment Trust (REIT), will soon...
In Focus

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

PTI -
This includes a purchase consideration of Rs 869.75 crore and a balance towards planned capex, including renewables, and closing costs New Delhi: Nexus Select Trust has acquired Vega City Mall in Bengaluru for an enterprise value of Rs 913 crore. Nexus Select...
INDIA FOOD FORUM - Food & Grocery

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

Indiaretailing Bureau -
The company declared a distribution of Rs 332.69 crore, or Rs 2.196 per unit, for Q3 FY25, reflecting a 10% YoY rise Bengaluru: India’s first publicly listed retail Real Estate Investment Trust (REIT), Nexus Select Trust, reported a 6% year-on-year...
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Nexus Select Trust raises Rs 1000 cr via NCDs for mall acquisitions

Indiaretailing Bureau -
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...
In Focus

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

Indiaretailing Bureau -
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...
In Focus

The Nexus Select Trust Showcase

Indiaretailing Bureau -
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...
Latest News

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

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

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

PTI -
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 period New Delhi: Nexus Select Trust, a listed REIT backed by retail real estate, on Tuesday...
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Home Decor & FurnishingIndiaretailing Bureau -

Home furnishings brand OBEETEE launches new outlet in Ahmedabad

Located at Bodakdev, the new outlet is the only OBEETEE store to house its complete furniture range Bengaluru: Handcrafted carpets...
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