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Sunday, Oct 20, 2024

Nexus Select Trust to acquire shopping mall in Bengaluru for ₹877 crore

The Board of Directors of Nexus Select Mall Management Pvt Ltd, the manager of Nexus Select Trust has approved the acquisition of Vega City Mall in Bengaluru.
Nexus Select Trust, the country’s first REIT backed by rent yielding retail assets, will acquire a shopping mall in Bengaluru for  <span class='webrupee'>₹</span>877 crore. (Representational photo)
Nexus Select Trust, the country’s first REIT backed by rent yielding retail assets, will acquire a shopping mall in Bengaluru for <span class='webrupee'>₹</span>877 crore. (Representational photo)

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News real estate Nexus Select Trust to acquire shopping mall in Bengaluru for ₹877 crore