Nexus Select Trust (REIT) raises Rs. 1000 Crs in Non-Convertible Debentures (NCDs) for expansion

Mumbai, October 25, 2024. The first pure-play Retail Real Estate Investment Trust (REIT) in India, Nexus Select Trust on Wednesday said that it has successfully raised non-convertible debentures (NCDs) of 1000 crs coupon bearing at ~7.70%. These NCDs were raised in two Tranches of Rs. 600 crs and Rs. 400 crores and is non-amortizing with…

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Nexus Select Trust reports strong financial performance with 8% YoY Retail NOI growth

Mumbai, July 2024.  Nexus Select Trust (NSE: NXST / BSE: 543913), India’s first listed Retail REIT, reported results today for the first quarter ended June 30, 2024. Business Highlights Dalip Sehgal, Executive Director and Chief Executive Officer at Nexus Select Trust, said, “We witnessed robust retail net operating income growth of 8% YoY in market…

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Nexus Select Trust continues to deliver strong performance, declared first distribution of INR 2.98 per unit

Mumbai, November 2023. Nexus Select Trust (NSE: NXST / BSE: 543913), India’s first listed Retail REIT, reported results today for the second quarter (first full quarter) ended September 30, 2023. The Board of Directors of Nexus Select Mall Management Private Limited, Manager to the Nexus Select Trust, at its Board Meeting held earlier today reviewed…

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