Invest in India's First Retail REIT - Nexus Select Trust
Nexus Select Trust is a significant player in India’s retail real estate sector, being the country's first publicly listed retail real estate investment trust (REIT). With a diverse portfolio of 19 malls across 15 cities, it is set to capitalize on the growing retail market. The total gross leasable area of these malls is 10.6 million square feet, making it a major contender in the industry.
Since its inception in 2015, starting with two malls—Nexus Ahmedabad One and Nexus Amritsar—Nexus Select Trust has expanded its operations significantly. It also manages the Hyatt Regency Hotel in Chandigarh and commercial office spaces in Pune. This diversification enhances its revenue streams and stability in a fluctuating market.
Recently, Nexus Select Trust reported impressive financial results for the third quarter of FY 2026, showcasing a 15% year-on-year growth in Net Operating Income (NOI), amounting to Rs. 4.5 billion. The trust maintains a high occupancy rate of 97%, indicating strong demand for its retail spaces. The acquisition of two additional malls in 2025 further strengthens its portfolio.
Nexus Select Trust made its debut on the BSE and NSE on May 19, 2023, with an issue price of Rs. 100 per unit. As of February 9, 2026, the share price has risen to Rs. 160, granting investors a remarkable return of 60% since its listing. Additionally, the trust declared its highest quarterly distribution of Rs. 3,586 million, equivalent to Rs. 2.367 per unit, maintaining a 100% payout ratio of its Net Distributable Cash Flows (NDCF).
The trust's future looks promising with its Vision 2030 plan, aiming to double its mall portfolio to 30-35 by 2030. This expansion is expected to double its existing NOI and enhance category depth in sectors like jewelry, beauty, food & beverage, and experiential retail. Investors are keenly watching this ambitious roadmap, indicating confidence in Nexus Select Trust's growth potential.
For those considering investing in Nexus Select Trust REIT or any other REIT, it is crucial to understand the SEBI guidelines. Nexus Select Trust has adhered to these regulations, ensuring transparency and reliability for its shareholders. As it continues to deliver consistent quarterly distributions, it presents an attractive investment opportunity in a booming retail landscape.
