Tag: Nexus Select Trust

CommercialLatest Stories

Five REITs distribute ₹2,566 crore to unitholders in Q4 FY26

NEW DELHI: For the quarter ending March 31, 2026, India’s five publicly listed real estate investment trusts (REITs) have dispersed over ₹2,566 crore to more than 4.25 lakh unitholders, as reported by the Indian REITs Association. Throughout the entire financial year 2025-26, the total distributions by these five REITs surpassed ₹8,900 crore. The five listed REITs include Brookfield India Real Estate Trust, Embassy Office Parks REIT, Knowledge Realty Trust, Mindspace Business Parks REIT, and Nexus Select Trust. As of Q4 FY26, the gross asset value in the Indian REIT market stood at over ₹2.72 lakh crore, while the total market…

CommercialLatest Stories

Bagmane Prime Office REIT Debuts at 3.5% Premium

NEW DELHI: Bagmane Prime Office REIT, backed by Blackstone, made a strong debut on the stock market on Thursday, listing with a premium of 3.5% over its issue price. On the NSE, the unit debuted at ₹103.50, marking a 3.5% increase from the issue price of ₹100, before settling at ₹103.10. On the BSE, the unit opened at ₹103.40, up by 3.4% from the issue price. The company’s market capitalization reached ₹35,071 crore on the NSE. Bagmane Prime Office REIT’s ₹3,405-crore initial public offering (IPO) was oversubscribed 23.71 times by the end of bidding on May 7, reflecting robust investor…

CommercialLatest Stories

5 REITs distribute ₹2,450 crore to 3.8 lakh unitholders in Q3 FY26

NEW DELHI: In the third quarter of FY26, India’s five listed Real Estate Investment Trusts (REITs) distributed over ₹2,450 crore to more than 3.8 lakh unitholders. The listed REITs—Brookfield India Real Estate Trust, Embassy Office Parks REIT, Knowledge Realty Trust, Mindspace Business Parks REIT, and Nexus Select Trust—collectively manage a portfolio exceeding 185 million sq ft of grade-A office and retail real estate nationwide. Since their respective launches, these REITs have cumulatively disbursed over ₹29,100 crore to unitholders, demonstrating the growing prominence of this investment vehicle in India’s capital markets. As of Q3 FY26, the total gross assets under management…

Latest StoriesResidential

Arjun Sharma Acquires South Delhi Property for ₹125 Crore

Representative Image Arjun Sharma, co-founder of Delhi’s Select City Walk mall and now a non-executive director at Nexus Select Trust, has acquired an extensive bungalow in South Delhi’s West End for ₹125 crore, according to exclusive documents from the data analytics firm CRE Matrix. Sharma purchased the property through Select World Tours, where he serves as director. Documents indicate that Sharma has paid ₹8.75 crore in stamp duty for this transaction. “West End remains highly desirable as there are only about 100 bungalows, and sales are rare. The colony has A, B, and C sections, each with distinct plot sizes.…

IndustryLatest Stories

Indian REITs Surpass ₹1 Lakh Crore Market Capitalization

NEW DELHI: As of July 30, 2025, the total market capitalization of all four publicly listed Real Estate Investment Trusts (REITs) in India has surpassed ₹1 lakh crore. The four REITs are Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. Alok Aggarwal, MD & CEO of Brookfield India Real Estate Trust and chairman of the Indian REITs Association, stated, “This fiscal year has started strongly, fueled by robust leasing activity, high occupancy rates, and continued growth in sector distributions.” According to Q4 FY25 data, India’s REIT market oversees gross assets under…