Nexus Select Trust REIT
160.02
+2.74(+1.74%)
Market Cap₹24,243.03 Cr
PE Ratio48.93
IndustryRealty
Company Performance:
1D+1.74%
1M-3.22%
6M+15.05%
1Y+11.96%
5Y+53.44%
View Company Insightsright
More news about Nexus Select Trust REIT
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.
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.
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.
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%.
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.
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.
Nexus Select Trust REIT
160.02
+2.74
(+1.74%)
1 Year Returns:+11.96%