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Nexus Select Trust has announced an exciting eleven percent rise in net operating income, coupled with a distribution of three hundred seventy crore rupees to its unit holders. With an eye on growth, they are exploring the acquisition of eight additional shopping malls, expanding its current portfolio of nineteen. The REIT's goal is ambitious, aiming to double its holdings by 2030.
Nexus Select Trust posts 11% increase in net operating income to Rs 510 crore
Impact Score
Market Sentiment
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Nexus Select Trust has announced an exciting eleven percent rise in net operating income, coupled with a distribution of three hundred seventy crore rupees to its unit holders. With an eye on growth, they are exploring the acquisition of eight additional shopping malls, expanding its current portfolio of nineteen. The REIT's goal is ambitious, aiming to double its holdings by 2030.
Key Highlights
Nexus Select Trust has announced an exciting eleven percent rise in net operating income, coupled with a distribution of three hundred seventy crore rupees to its unit holders.
With an eye on growth, they are exploring the acquisition of eight additional shopping malls, expanding its current portfolio of nineteen.
The REIT's goal is ambitious, aiming to double its holdings by 2030..
Source
Economic Times
Published
2h ago
Impact Score
70 / 100
Category
Indian Markets
Moderate near-term volatility expected while markets assess implications for Indian Markets.
What this means
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