Nexus Select Trust nears ₹1,300 cr buyout of Galaxy's Guwahati mall project
Blackstone-backed Nexus Select Trust is in advanced talks to acquire Galaxy Group's mixed-use mall, office and hospitality asset in Guwahati for around ₹1,300 crore. The deal marks a decisive institutional push into Tier-2 retail real estate and expands Nexus's footprint into the Northeast.
Nexus Select Trust, backed by Blackstone, is close to acquiring Galaxy Group's mixed-use mall, office and hospitality project in Guwahati for about ₹1,300 crore, signaling institutional investor push into Tier-2 retail real estate markets.