Nexus Select Trust boosts its Chandigarh footprint by acquiring 60,000 sq ft of prime retail space at Nexus Elante Complex for Rs 253.7 crore. This strategic move, spanning ground and first floors, targets luxury fashion, premium F&B, and high-end electronics, solidifying Elante's dominance in the Tricity's premium retail market amid strong rental growth.
Global investment giant Blackstone Group is poised to acquire Kolkata’s South City Mall in a record ₹3,480 crore ($400 million) deal, marking eastern India’s largest mall transaction and signaling heightened investor interest in Kolkata’s retail real estate market. The acquisition will expand Blackstone-led Nexus Select Trust’s portfolio, reflecting confidence in India’s commercial property...
Nexus Select Trust has approved the acquisition of MBD Neopolis mall and Radisson Blu Hotel in Ludhiana for ₹490 crore, set to complete within four months, expanding its retail portfolio in Punjab.