Nexus Select Trust REIT
150.81
-1.46(-0.96%)
Market Cap₹22,847.72 Cr
PE Ratio45.46
IndustryRealty
Company Performance:
1D-0.96%
1M-6.74%
6M-9.09%
1Y+16.03%
5Y+44.61%
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More news about Nexus Select Trust REIT
04Mar 26
Nexus Select Trust Manager Receives SEBI Settlement Order with No Material Impact
Nexus Select Trust has informed exchanges about a SEBI settlement order dated March 04, 2026, received by its manager regarding alleged REIT regulation violations. The settlement disposes of adjudication proceedings initiated in June 2025, with the Trust confirming no material impact on its financial or operational activities.
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02Mar 26
Nexus Select Trust Redeems Commercial Papers Worth ₹225 Crore on March 02, 2026
Nexus Select Trust completed the redemption of Commercial Papers worth ₹225 crore on March 02, 2026, one day ahead of the scheduled maturity date due to a public holiday in Maharashtra. The trust redeemed 4,500 Commercial Papers with ISIN INE0NDH14122 through full redemption, leaving no outstanding amount. The process was conducted in compliance with SEBI Master Circular dated July 11, 2025.
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23Feb 26
Nexus Select Trust Acquires 50% Stake in Dombivli Mall for INR 434 Crores
Nexus Select Trust announced acquisition of 50% equity stake in Garden City Malls Private Limited for INR 434 crores, with overall enterprise value of INR 892 crores. The deal involves an integrated shopping mall cum multiplex at Dombivli with 7.3 lacs sq. ft. Gross Leasable Area, marking the REIT's first under-construction development partnership since listing. The Board also approved INR 115 crores NCD subscription and up to INR 400 crores term loan from Bajaj Housing Finance Limited.
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07Feb 26
Nexus Select Trust Allots Commercial Papers Worth ₹200 Crores with 90-Day Tenure
Nexus Select Trust has successfully allotted commercial papers worth ₹200 crores comprising 4,000 units with a face value of ₹5,00,000 each. The papers carry a discount rate of 7.47% with a 90-day tenure, maturing on May 07, 2026. The instruments will be listed on BSE's wholesale debt market segment and were issued following borrowing committee approval on February 06, 2026.
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02Feb 26
Nexus Select Trust Reports Record Q3FY26 Distribution with Strong Operational Performance
Nexus Select Trust delivered exceptional Q3FY26 results with the highest quarterly distribution since listing at INR 2.367 per unit. The retail REIT achieved 16% YoY growth in tenant sales to INR 41 billion and 15% growth in retail NOI to INR 4.5 billion. Key highlights include maintaining 97% occupancy for the 11th consecutive quarter, completing a strategic 60,000 sq ft acquisition at Nexus Elante, and successfully raising a INR 7 billion sustainability-linked bond anchored by International Finance Corporation.
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21Jan 26
Nexus Select Trust Schedules Board Meeting on February 2, 2026 for Q3FY26 Results and Distribution Declaration
Nexus Select Trust has scheduled a board meeting for February 2, 2026, to consider Q3FY26 financial results and distribution declaration. The meeting will review unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company has set February 5, 2026, as the record date for proposed distributions, with payments scheduled on or before February 12, 2026, subject to board approval.
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20Jan 26
Nexus Select Trust Submits Q3 FY26 Corporate Governance Compliance Report
Nexus Select Trust submitted its Q3 FY26 corporate governance compliance report for the quarter ended December 31, 2025, to NSE and BSE. The report details board composition changes including Mr. Asheesh Mohta's appointment as new Chairperson effective November 4, 2025. The trust maintains proper committee structures with all mandatory committees functioning in compliance with SEBI REIT regulations.
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26Dec 25
Nexus Select Trust Completes ₹10 Crore Acquisition of Remaining 0.55% Stake in Euthoria Developers
Nexus Select Trust completed the acquisition of the remaining 0.55% equity stake in Euthoria Developers Private Limited for ₹10 crores on December 26, 2025, achieving 100% ownership. The Trust acquired 12,926 shares from sponsor group entity SSIII Indian Investments One Ltd. following the expiry of regulatory lock-in. EDPL owns mall properties Nexus Ahmedabad One and Nexus Amritsar, with consistent revenue growth reaching ₹2,328.38 million in FY 2024-25.
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16Dec 25
Nexus Select Trust Completes ₹700 Cr NCD Redemption
Nexus Select Trust has completed the redemption of 70,000 Non-Convertible Debentures worth ₹700 crore on December 16, 2025. The redemption, executed through a call option, included a total payment of ₹1,01,658.14 per debenture, comprising ₹1,00,000 face value and ₹1,658.14 in accrued interest. The trust has fulfilled all regulatory requirements, including submitting reports under SEBI regulations.
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15Dec 25
Nexus Select Trust Allots ₹700 Cr NCDs in Two Tranches
Nexus Select Trust has completed the allotment of non-convertible debentures (NCDs) worth ₹700 crores through its Borrowing Committee. The allotment consists of two tranches under Series IV: Tranche A with 50,000 NCDs totaling ₹500 crores, and Tranche B with 20,000 NCDs totaling ₹200 crores. Both tranches have a face value of ₹1,00,000 per NCD and are proposed to be listed on BSE Limited. The NCDs are listed, rated, secured, transferable, and redeemable, issued on a private placement basis in dematerialized form.
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05Dec 25
Nexus Select Trust Expands Chandigarh Retail Presence with ₹253.7 Crore Acquisition
Nexus Select Trust has acquired 60,000 sq. ft. of retail space at the Nexus Elante Complex in Chandigarh for ₹253.7 crores. The acquisition includes prime vacant retail space on the ground and first floors of a building adjacent to the Nexus Elante Mall. The purchase consideration was ₹230.65 crores, financed through commercial paper issuance and existing cash reserves. This expansion aims to enhance the mall's visibility and customer flow, targeting high-value retail categories. The trust's Q2 FY2026 financial results show strong growth with revenue up 13.33% YoY to ₹652.10 crores and net profit up 20.05% YoY to ₹132.30 crores.
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11Nov 25
Nexus Select Trust Issues INR 1,500 Million in Commercial Papers
Nexus Select Trust has allotted 3,000 commercial papers worth INR 1,500 million through its manager Nexus Select Mall Management Private Limited. Each paper has a face value of INR 5,00,000 with a tenure of 87 days, maturing on February 5, 2026. The papers were issued at a discount rate of 6.18% per annum and are proposed to be listed on BSE Limited's wholesale debt market segment. Concurrently, the trust redeemed a previous commercial paper worth INR 150 crore on the same day of this new issuance.
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05Nov 25
Nexus Select Trust Reports Strong Q2 FY26 Performance: 16% Consumption Growth and 14% NOI Rise
Nexus Select Trust announced robust Q2 FY26 results, with tenant sales up 16% YoY to INR 35.00 billion and Retail NOI increasing 14% YoY to INR 4.20 billion. The trust declared a distribution of INR 3,330.00 million (INR 2.20 per unit), up 10% YoY. Occupancy remained strong at 97%, with 0.23 million sq. ft. re-leased at 20% spreads. The trust maintained a low LTV ratio of 18% and AAA/Stable credit rating. It received a GRESB 5-Star rating for the second consecutive year. The trust reported a strong acquisition pipeline and announced board changes, including the appointment of Mr. Asheesh Mohta as the new Chairman.
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05Nov 25
Nexus Select Trust Announces Board Changes: New Director Appointed, Chairperson Steps Down
Nexus Select Trust, India's first listed retail REIT, has appointed Siddharth Nawal as Additional Non-Executive Non-Independent Director. Tuhin Parikh has resigned as Non-Executive Non-Independent Director and Chairperson, with Asheesh Mohta taking over as Chairman. The company reported a distribution of ₹2.20 per unit for Q3 2025, totaling ₹3,329.97 million, and a Net Asset Value of ₹159.35 per unit.
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15Sept 25
Nexus Select Trust Seeks to Downsize Hypermarkets Across 19 Malls
Nexus Select Trust, an Indian REIT, has asked hypermarkets in its 19 shopping malls across 15 cities to reduce their operational space. This strategic move aims to optimize retail space utilization, potentially allowing for a more diverse tenant mix, improved space efficiency, and enhanced revenue per square foot. The decision could be influenced by changing consumer behavior, revenue optimization goals, and adaptation to e-commerce trends. The outcome may impact retail space management trends in the Indian mall landscape.
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08Aug 25
Nexus Select Trust Redeems ₹3,500 Crore Commercial Paper, Issues New ₹2,200 Crore CP
Nexus Select Trust has redeemed Commercial Paper (CP) worth ₹3,500 crore across multiple series. Simultaneously, the trust issued new CPs totaling ₹2,200 crore in two tranches. The first issuance is for ₹2,000 crore with 4,000 units, and the second for ₹200 crore with 4,000 units. Both new issuances have a 91-day tenure at a 5.89% discount rate, maturing on November 7. These transactions demonstrate Nexus Select Trust's strong liquidity management and continued market confidence.
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30Jul 25
Nexus Select Trust Reports 11% Consumption Growth and 12% NOI Increase in Q1 Results
Nexus Select Trust, India's first listed retail REIT, announced its Q1 FY24 results. The company reported INR 33 billion in tenant sales (11% YoY growth), INR 4.20 billion in Retail Net Operating Income (12% YoY growth), and a distribution of INR 3,378 million (INR 2.23 per unit, up 12% QoQ). The Trust maintained 97.20% leased occupancy across its 19 consumption centers in 15 cities. It also commissioned a 13 MW solar plant in Karnataka and reduced its average debt cost to 7.50%.
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13May 25
Nexus Select Trust Reports 7% YoY Growth in Q4 FY25 Net Operating Income, Announces Rs 303 Crore Distribution
Nexus Select Trust announced Q4 FY25 results with Net Operating Income of Rs 446.90 crore, up 7% year-over-year. The trust declared a distribution of Rs 303.00 crore for the quarter. Retail portfolio occupancy stood at 97.20% with tenant sales of Rs 2,900.00 crore. The trust refinanced Rs 350.00 crore of debt at 7.54% per annum. For FY26, Nexus Select Trust projects 15% NOI growth and 10% distribution growth, including recent acquisitions.
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07May 25
Nexus Select Trust Expands Portfolio with ₹490 Crore Ludhiana Acquisition
Nexus Select Trust has acquired a mall and hotel in Ludhiana, Punjab for ₹490 crore. This strategic move expands the company's presence in North India, strengthens its retail portfolio, and marks its entry into the hospitality sector. The acquisition is expected to enhance Nexus Select Trust's revenue streams and demonstrates confidence in the region's economic prospects.
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Nexus Select Trust REIT
150.81
-1.46
(-0.96%)
1 Year Returns:+16.03%