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NEXUS VEGA CITY
Modern air conditioning was invented in America, but not to keep people coolA printing issue in Brooklyn led to the invention of modern air conditioning. This innovation, initially for paper, became a lifesaver, dra...- Nexus Select Trust Q4 net operating income up 11% at Rs 440 croreNexus Select Trust reported strong quarterly growth driven by rising tenant sales, stable occupancy, and higher retail income across key co...
- Nexus Select, Runwal Enterprises form JV to develop 7.3 lakh sq ft retail mallNexus Select Trust, backed by Blackstone, is partnering with Runwal Enterprises for a new retail mall in Dombivli. This 7.30 lakh sq ft dev...
- Nexus Select Trust records 16% consumption growth, 14% NOI rise in Q2Nexus Select Trust reported a 16% year-on-year surge in tenant sales to Rs 3,500 crore for the September quarter, alongside a 14% rise in r...
- Nexus Select Trust records 11% growth in Q1 consumption, NOI up 12%Nexus Select Trust, India's first retail REIT, reported an 11% year-on-year increase in tenant sales, reaching Rs 3,300 crore. The REIT's r...
- Nexus Select Trust Q4 Results: Net operating income rises 7% YoY to Rs 446.9 croreNexus Select Trust posted a 7% YoY rise in Q4 NOI to Rs 446.9 crore, with 97.2% occupancy and Rs 2,900 crore in tenant sales. Strategic acq...
- Nexus Select Trust to acquire Ludhiana mall, hotel for Rs 490 croreNexus Select Mall Management's board has approved the acquisition of MBD Neopolis mall and Radisson Blu Hotel MBD in Ludhiana for Rs 490 cr...
- Blackstone-backed Nexus Select acquires Vega City mall in Bengaluru for 913 crNexus Select Trust, a Blackstone Group-backed retail-focused REIT, has acquired the Vega City mall in Bengaluru for Rs 913 crore, boosting ...
- Nexus Select Trust Q2 Results: Net operating income up 5% YoY to Rs 371 croreNexus Select Trust reported a 5% YoY growth in retail net operating income to Rs 371.3 crore for Q2 FY25. Tenant sales reached Rs 3,000 cro...
- Malls, brands at loggerheads over rent hikesWhile discussions have started, industry insiders said large retailers are opposing the move given the number of stores they operate. Malls...
- Cobblers & dry-cleaners available: Malls now charm you with taking the burden of weekly choresMall operators rope in tailors, cobblers, offer pet grooming and car washing, to enable visitors spend more time while these tasks are take...
- Cluster of global brands bursts on to the Indian sceneAccording to Anarock, demand for luxury goods has been consistent in the country and many international luxury brands have partnered with R...
- View: Delhi's new excise policy will rob us of habituated pleasuresDelhi, being the capital, had the highest number of dry days in the country, adding up to almost a month. There was an appointed dry day fo...
- RIL retail arms hand exit notice to Nexus MallsThe ongoing tussle between malls and retailers about rentals during the lockdown period has now pitted India’s largest retailer by revenue ...
- Tien's Group provides holiday trips & paella dinner for its employeesBillionaire Li Jinyuan, who founded Tiens Group, recently took his best salespersons on a trip to Madrid.
- US-based Headout raises $1.8 mn from Version One Ventures, 500 startups and Nexus Venture PartnersSnapdeal has bought 8 companies in 5 years since its launch and plans to bolster resources further to take on Flipkart & Amazon in ecommerc...
- Lessons for e-bay: How Kunal Bahl plans to make Snapdeal a $1-bn companyWhile company after company used the over-the-top pomp of Sin City to launch a slew of products, Bahl’s attention lay elsewhere.
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