Nexus Select Trust nears ₹1,300 cr buyout of Galaxy's 1.2M sq ft Guwahati mall
Blackstone-backed Nexus is set to add Galaxy's Guwahati mixed-use asset while Inorbit-SRED closes a ₹1,242 cr twin-mall deal with Prozone. REITs are aggressively consolidating Tier-2 consumption hubs, targeting 30-35 malls by 2030 as institutional capital chases experience-led retail.
Nexus Select Trust nearing ₹1,300 crore buyout of Galaxy's 1.2M sq ft Guwahati mixed-use asset; Inorbit acquires two Prozone malls for ₹1,242 crore. Signals institutional REIT push into Tier-2 consumption markets and experience-led retail.