Nexus Select Trust

NXST

INE0NDH25011

Commercial REITs

End-of-day quote NSE India S.E. Other stock markets 06:00:00 2024-05-16 pm EDT			5-day change	1st Jan Change
129.1 ^INR	-2.12%		-3.06%	-5.10%

May. 10	Nexus Select Trust Open to Acquire More Top Malls	CI
Feb. 06	Nexus Select Trust Declares Distribution for the Third Quarter of Fiscal Year 2024, Payable on or Before February 21, 2024	CI

Nexus Select Trustacquired an unknown minority stake in 8 retail mall assets from Prestige Estates Projects Limited.

July 11, 2023

Nexus Select Trust (NSEI:NXST)acquired an unknown minority stake in 8 retail mall assets from Prestige Estates Projects Limited (NSEI:PRESTIGE) on July 12, 2023. Vivek K Chandy, K Z Kuriyan and Ajay G Prasad of J. Sagar Associates acted as legal advisor to Prestige Estates Projects Limited.

Nexus Select Trust (NSEI:NXST)completed the acquisition of an unknown minority stake in 8 retail mall assets from Prestige Estates Projects Limited (NSEI:PRESTIGE) on July 12, 2023.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	PRESTIGE ESTATES PROJECTS LIMITED	1,561 INR	+2.40%	+4.89%	7.32B
	NEXUS SELECT TRUST	129.1 INR	-2.12%	-3.06%	2.39B

Latest news about Nexus Select Trust

Nexus Select Trust Open to Acquire More Top Malls	May. 09	CI
Nexus Select Trust Declares Distribution for the Third Quarter of Fiscal Year 2024, Payable on or Before February 21, 2024	Feb. 06	CI
India's IPO momentum seen growing on prospects of political stability	Dec. 19	RE
Nexus Select Trust(BSE:543913) added to S&P Global BMI Index	Dec. 18	CI
Nexus Select Trust Announces Distribution for the Quarter Ended September 30, 2023, Payable on or before November 22, 2023	Nov. 08	CI
Nexus Select Trust Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 07	CI
India's Aeroflex Industries soars over 81% in debut trade	23-08-31	RE
India's Concord Biotech up 33% in debut, nets over $1 bln in valuation	23-08-18	RE
Nexus Select Trust Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-11	CI
Nexus Select Trustacquired an unknown minority stake in 8 retail mall assets from Prestige Estates Projects Limited.	23-07-11	CI
Nexus Select Raises INR10 Billion from Bond Sale	23-06-18	MT
Nexus Select Trust has completed an IPO in the amount of INR 32 billion.	23-05-16	CI
Nexus Select Trust completed the acquisition of Select Infrastructure Private Limited from a group of shareholders.	23-05-15	CI
Nexus Select Trust Reports Earnings Results for the Nine Months Ended December 31, 2022	23-04-27	CI
Nexus Select Trust has filed an IPO.	22-11-17	CI
Nexus Select Trust executed a share acquisition agreement to acquire Select Infrastructure Private Limited from a group of shareholders.	22-11-16	CI

Chart Nexus Select Trust

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Company Profile

Nexus Select Trust is an India-based urban consumption center real estate investment trust. The Companyâs portfolio comprises about 17 Grade A urban consumption centers with a gross leasable area (GLA) of approximately 9.2 million square feet spread across 14 cities in India, two complementary hotel assets (354 keys), and three office assets with a GLA of about 1.3 million square feet. Its consumption center portfolio has a tenant base of more than 1,044 domestic and international brands spanning over 2,893 stores, where the Company hosts over 130 million footfalls annually. Its segments include mall rentals (urban consumption center rentals), office rentals, hospitality, and others. Its Others segment comprises the sale of office units, income from the generation of renewable energy, property management and consultancy services, and other operating revenue. Its portfolio of urban consumption centers includes Select Citywalk, Nexus Elante, Nexus Seawoods, Nexus Hyderabad, and others.

Sector

Commercial REITs

Calendar

2024-08-08 - Q1 2025 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

129.1 INR

Average target price

146.3 INR

Spread / Average Target

+13.38%

Consensus

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Estimates Revisions

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Company calendar

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