Nexus Select Trust

Nexus Select Trust has announced plans to invest in a Runwal Group–promoted mall in Mumbai, reinforcing its confidence in India’s organized retail real estate market. The proposed investment reflects a strategy focused on acquiring high-quality, consumption-led assets in top urban centers. With Mumbai continuing to anchor premium retail demand, the transaction is expected to enhance the trust’s portfolio resilience and cash-flow visibility.

Nexus Select Trust, India's pioneering publicly listed retail Real Estate Investment Trust (REIT), has successfully acquired the MBD Complex in Ludhiana for Rs 531 crore. The acquisition includes a Grade-A shopping mall and a Radisson Hotel. With an occupancy rate of 95%, this high-quality urban consumption centre covers approximately 300,000 square feet. This strategic expansion further strengthens Nexus Select Trust's growing portfolio, which already comprises 19 shopping malls, three hotel assets, and office spaces across India.