Acquisitions9 Sept 2026, 05:10 pm
Nexus Select Trust Acquires Grade-A Mall & Hyatt Regency in Guwahati
AI Summary
Nexus Select Trust has announced the acquisition of the Galaxy Complex, a Grade-A mall, and the 164-key Hyatt Regency Hotel in Guwahati. This acquisition was approved by the Board of Nexus Select Mall Management Private Limited on September 9, 2026. The company has provided a valuation report, press release, and presentation related to the acquisition. The subject property is an under-construction mixed-use development located on NH-27, Guwahati, Assam, comprising retail mall and hotel components. The valuation report, prepared by Lopamudra B. Panda, assesses the projected market value of these components as of December 31, 2027.
Key Highlights
- Nexus Select Trust is acquiring a Grade-A mall and a Hyatt Regency hotel in Guwahati.
- The acquisition was approved by the Trust's management on September 9, 2026.
- Supporting documents including valuation reports and press releases have been shared.
- The property is an under-construction mixed-use development on 7.38 acres.
- The total leasable area for the retail mall is 516,301 sq. ft.
Price Impact
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