Real estate firm Nexus Select Trust will acquire a 50 percent stake in a new mall in Mumbai for Rs 434 crore as part of its expansion plan.In a regulatory filing on Monday, Nexus Select Trust, a REIT sponsored by Blackstone, said it has entered into a partnership for an under-construction development. “The REIT has […]
“/>Representative AI image KOLKATA: Nexus Select Trust, backed by New York-based global asset management firm Blackstone, is in advanced stages of negotiations with Diamond Group to acquire the Diamond Plaza mall in Dum Dum. This comes after the Real Estate Investment Trust (REIT) acquired South City Mall from South City Projects for Rs 3,250 crore […]
This counter-intuitive trend, where scarcity drives prices but demand accelerates, shows how high-quality retail space has become a strategic asset in India’s consumption boom | Photo credit: ipopba India’s premium malls have witnessed a rental increase of around 20 percent over the past two years, but tenant demand remains at record highs, signaling a fundamental […]
The Indian Real Estate Investment Trusts (Reits) Market has crossed an important milestone, with the combined market capitalization of all four Reit’s mentioned that exceed RS 1 Lakh Crore from July 30, 2025. The performance underlines the growing trust of investors and indicates the increasing adulthood of the commercial real estate investment landscape of India. […]