Nexus Select Trust's Q2 NOI rises 8% to Rs 504 cr, consumption up 13%
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Nexus Select Trust reported an 8% rise in net operating income to Rs 504 crore for the second quarter.
- ✓Consumption at its retail assets grew 13% from a year earlier.
- ✓The firm declared a Rs 359 crore distribution.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Nexus Select Trust reported an 8% year-on-year increase in net operating income for the second quarter. The company's retail assets experienced a 13% rise in consumption compared to the previous year. Nexus declared a distribution of Rs 359 crore, maintaining a 100% payout to unitholders for 13 consecutive quarters. The firm is expanding its portfolio with plans to develop a Grade-A mall and hotel in Guwahati.
Nexus Select Trust, India's first listed retail real estate investment trust (REIT), has reported an 8% year-on-year increase in net operating income (NOI) to Rs 504 crore in the second quarter of 2026-27. Consumption at its retail assets stood at Rs 3,909 crore, up 13% from a year earlier.
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Economic Times
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