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150.94000 INR
0.89
0.59%
Last update Apr 2, 3:25 PM IST
Market closed
Day range
150.75
153.59000
Previous close
151.83000
Open
152.95000
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Nexus Select Trust REIT
150.94
0.89
0.59%

Overview

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Description

Nexus Select Trust REIT is a Real Estate Investment Trust that provides investors with the opportunity to gain exposure to high-quality assets within the retail sector. Recognized for its focus on retail real estate, Nexus Select Trust REIT primarily invests in shopping malls, commercial spaces, and other retail-centric properties, capitalizing on consumer-driven growth and urban development trends. Its portfolio is carefully curated to include properties located in prime locations that attract consistent foot traffic, thereby ensuring stable rental income streams. Playing a pivotal role in the financial market, Nexus Select Trust REIT offers investors a regulated and diversified way to invest in real estate without the need to directly manage properties. As REITs are required to distribute the majority of their taxable income to shareholders, it provides a mechanism for income generation along with potential capital appreciation. Nexus Select Trust REIT acts as a key player in translating the dynamism of the retail sector into financial opportunities, enhancing market liquidity and supporting the property market ecosystem.

About

CEO
Mr. Dalip Charanjit Sehgal
Employees
572
Address
Embassy 247
Unit No. 501, B Wing Lal Bahadur Shastri Marg Vikhroli West
Mumbai, 400083
Phone
91 22 6280 5000
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
India
MIC code
XBOM
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