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 Trust may buy Galaxy's Guwahati project for ₹1,300 croreNexus Select Trust is set to acquire a large mixed-use property in Guwahati for ₹1,300 crore. Inorbit Malls is also expanding its mall port...
Inorbit malls to acquire Prozone Group malls in Chhatrapati Sambhaji Nagar, CoimbatoreInorbit Malls is set to acquire two malls from Prozone Group for approximately Rs 1,300 crore. This strategic move will significantly expan...
Blackstone-backed Bagmane Prime Office REIT sets IPO price band at Rs 95-100/unitBlackstone-backed Bagmane Prime Office REIT on Wednesday fixed a price band of Rs 95-100 per unit for its Rs 3,405-crore initial public off...
REITs, InvITs beat equities and debt in a six-year spanAlternative assets like REITs and InvITs have surpassed traditional investments. These instruments offer attractive returns and tax efficie...
Blackstone-backed Bagmane Prime Office REIT to launch Rs 3,405-cr IPO on May 5Blackstone-backed Bagmane Prime Office REIT is poised to hit the capital markets with its Rs 3,405 crore initial public offering (IPO), sch...
Commercial property returns: High rentals continue from Khan Market to Karol Bagh, A-grade malls offer stable returns; check Bengaluru, Mumbai, Hyderabad, Chennai trendsPrime Delhi markets like Khan Market and Lajpat Nagar are commanding high commercial property rentals, a recent report reveals. While premi...
Nexus Select Trust approves Rs 347.5 cr Kolkata mall acquisitionNexus Select Trust is expanding its portfolio. The trust has approved the acquisition of Diamond Plaza in Kolkata for Rs 347.5 crore. This ...
Blackstone-backed Nexus Select Trust plans to double shopping mall portfolio in 4-5 yrs through acquisition modeNexus Select Trust will be the first REIT with rent-yielding retail real estate assets. There are around 3,000 stores across 17 shopping ma...
Nexus Malls appoints Amitabh Bachchan as Brand AmbassadorBachchan, a household name in India and one of the most sought-after celebrities is known for his award-winning acting career and charitabl...
Blackstone to raise $500 million through REIT IPO of Nexus MallsNexus Malls operates 17 shopping centers across 13 Indian cities and has about 10 million square feet of retail space, its website shows.
Nexus Malls reveals new brand identityDalip Sehgal, CEO of Nexus Malls, said, “The new identity brings to life our promise of ‘ Har Din Kuchh Naya ‘, a promise where we will bri...
Nexus Malls sees business at pre-pandemic level by DecemberNexus has completed the transition of the Forum Malls portfolio amid the pandemic. It had acquired Forum Malls as part of a $1.2 billion de...
Shopping mall owners to build new projects; looking for acquisition despite COVID-19In a panel discussion on retail sector organized by Naredco, senior officials of DLF, Phoenix, Nexus Malls and Virtuous Retail said sales i...
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 ...
Blackstone in talks to buy three malls to push retail realty playBlackstone, through its retail subsidiary Nexus Malls, has charted out an aggressive plan to expand its current portfolio of eight retail m...
World's largest private equity manager Blackstone enters retailing spaceThe new entity will own and manage shopping centres in Asia's third largest economy with a focus on turning around underperforming malls in...