Nexus Select Trust posts FY26 revenue of INR 25.7 bn across 19 malls at 97% occupancy
India's mall REIT reported FY26 metrics spanning 19 consumption centres in 15 cities and 10.7 Msf of retail at 97% occupancy. Tenant sales topped INR 143 billion, with NOI of INR 19.3 billion and footfalls of 137 million across 1,100 brands and 3,200+ stores. GAV stood at INR 306 billion with a conservative LTV of 18%.
Nexus Select Trust, India's mall REIT, reported FY26 metrics: 19 consumption centres across 15 cities, 10.7 Msf retail at 97% occupancy, 1,100 brands, tenant sales over INR 143 billion, and revenue of INR 25.7 billion.
Why this matters
The FY26 print follows Nexus Select's ₹2,000 cr expansion push into East and Northeast malls, with Kolkata's Diamond Plaza first off the block, and comes as RBI opens bank lending to REITs at lower borrowing costs.
retail-company theme steady at 3,952 signals over the trailing 90 days.
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- Nexus Select Trust · official — 50h after first sighting