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SHOPPING MALLS ACQUISITION
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 ...07 Apr, 2026, 09.22 PM IST- Blackstone nears $400 mn deal for Kolkata's South City MallBlackstone Inc. is close to acquiring South City Mall in Kolkata for up to $400 million. This marks its entry into Kolkata's retail market,...05 Mar, 2025, 03.59 PM IST
- Nexus REIT in talks to buy Marina Mall in ChennaiNexus Select Trust in talks to acquire The Marina Mall in Chennai, developing a diverse portfolio with Grade-A malls in Hyderabad. Plans to...22 May, 2024, 12.30 AM IST
- Lease of Life: Underperforming shopping malls are taking the right turn toward profitsMalls such as the Garuda Mall in Bangalore, Atria Mall in Hyderabad, and Capital Mall in Bhopal have witnessed a reversal of fortunes thank...10 Nov, 2023, 01.11 AM IST
- 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...17 Apr, 2023, 11.20 AM IST
- 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...01 Dec, 2022, 04.57 PM IST
- 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...08 Jun, 2022, 04.12 PM IST
- Blackstone concludes $1.5-billion realty deal with PrestigeThe Blackstone Group has concluded its $1.5 billion acquisition of realty developer Prestige Group’s commercial portfolio, including office...02 Mar, 2021, 07.05 AM IST
- 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...26 Nov, 2020, 05.35 PM IST
- Nexus, Prestige in talks to merge mall businessTalks between Nexus malls and Prestige to merge the mall business in order to create the largest mall operator in the country is in its ini...16 Oct, 2019, 07.02 AM IST
- Prestige Estates plans to expand retail presence to 15 mallsWith consolidation of its stake in malls across the country almost over, Prestige Estates is now eyeing a rental income of Rs 400 crore ann...19 Apr, 2019, 10.25 AM IST
- Paytm Mall looks to recruit 150 engineering and management graduatesThe talent acquisition is aimed at bolstering Paytm Mall’s operations, and is in line with its long-term strategy to acquire professionals ...17 Jan, 2018, 02.04 PM IST
- 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...21 Sep, 2016, 12.02 PM IST
- Blackberrys looking to enter international marketsThe company has appointed advisory firm Ernst & Young to oversee the acquisition, estimated to be between 100-200 crore.07 Oct, 2013, 04.30 AM IST
- Unitech to invest Rs 20,000 cr to develop 48 malls in 6 yearsThe Gurgaon-based firm would follow business model of mixed use developments for all its malls to ensure more footfalls. Basics of customer...06 Dec, 2007, 04.45 PM IST
- Retail giants spot big scope in small-town mall projectsReal estate majors Unitech, Parsvnath and Omaxe are scouting for greenfield mall projects in smaller towns and cities for a faster roll out...27 Jun, 2007, 10.46 PM IST
- In China, they are ready to throw out anybody for commercial spaceHere is yet another Chinese model of “displacement” that could appeal to communists here.04 Apr, 2007, 04.32 AM IST
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