Blackstone-backed mall operator eyes expansion in Kolkata, Patna, Ranchi and Guwahati as it moves to double its portfolio to 30 malls by 2030
Nexus Select Trust acquired retail space at Nexus Elante in Chandigarh at an enterprise value of Rs 253.7 crore, funding the deal via commercial paper and cash while keeping its loan-to-value at 18%
Nexus Select Trust targets 13% annual portfolio growth through mall acquisitions and rising consumption, with record festive sales and strong demand across jewellery, fashion, and electronics
Nexus Select Trust posted 14% YoY growth in Q2FY26 net operating income to Rs 429 crore on the back of strong consumption and tenant sales across fashion, electronics, and jewellery
India's only retail REIT posts double-digit income growth in Q1FY26 on the back of strong leasing, higher consumption, and stable occupancy across malls