Nexus Select Trust to Acquire Galaxy Infra Creations for Rs 1,600 Crore

Nexus Select Trust Takes First Step Towards Scaling Presence in East and Northeast India

Get latest articles and stories on India at LatestLY. Nexus Select Trust, India’s first listed retail REIT and the country’s largest owner of Grade-A urban consumption centres, has announced its strategic entry into Northeast India through a landmark transaction for the development of a Grade-A Mall and Hotel in Beharbari, Guwahati.  India News | Nexus Select Trust Takes First Step Towards Scaling Presence in East and Northeast India.

Nexus makes Northeast foray with Rs 1,600 crore deal

Nexus Select Trust, sponsored by Blackstone, enters Northeast India by acquiring a mall and Hyatt Regency hotel in Guwahati for Rs 1,600 crore, expanding its retail portfolio and growth in East India.

Nexus Select Trust expands East India footprint with ₹1,600-cr Guwahati deal

Blackstone-backed Nexus Select Trust has acquired 100 per cent stake in the upcoming Galaxy Complex for a purchase consideration of ₹1,600 crore.

Nexus Select Trust to acquire Galaxy Infra Creations for Rs 1,600 crore

Nexus Select Trust is set to enter the thriving consumption markets of northeast India with the acquisition of a shopping mall and a Hyatt Regency Hotel in Guwahati for Rs 1,600 crore. This notable transaction includes a 164-key hotel and a retail space, both currently under construction, with Nexus poised to manage operations following the completion and necessary approvals.

Nexus Select Trust expands footprint into East, Northeast India

Nexus Select Trust, India’s first listed retail Real Estate Investment Trust (REIT) and the country’s largest owner of Grade-A urban consumption centres, has announced its strategic entry into Northeast India through a landmark transaction for the development of a Grade-A Mall and Hotel in Beharbari, Guwahati.

Nexus Select Trust acquires Galaxy Complex to expand in Northeast India

Nexus Select Trust will acquire 100% of Guwahati’s Galaxy Complex for ₹1,600 crore, including a 0.5 million sq ft mall and 164-key Hyatt Regency Hotel.