Quarterly Result2 Feb 2026, 05:04 pm
Nexus Select Trust Declares Highest Quarterly Distribution Since Listing on the Back of Strong Growth Momentum
AI Summary
Nexus Select Trust, India's first listed Retail REIT, announced its financial results for the quarter ended December 31, 2025 (Q3 FY26). The trust achieved highest ever quarterly tenant sales of ~INR 41 billion, up 16% YoY. Retail Net Operating Income (NOI) rose 15% YoY to INR 4.5 billion. The trust declared a distribution of INR 3,586 million (INR 2.367 per unit), marking its highest quarterly distribution since listing. The trust maintained 97% occupancy for the 11th consecutive quarter since listing and completed the strategic acquisition of 60k sf prime retail space within Nexus Elante Complex.
Key Highlights
- Achieved highest ever quarterly tenant sales of ~INR 41 billion, up 16% YoY
- Retail Net Operating Income (NOI) rose 15% YoY to INR 4.5 billion
- Declared distribution of INR 3,586 million (INR 2.367 per unit), marking the highest quarterly distribution since listing
- Maintained 97% occupancy for the 11th consecutive quarter since listing
- Completed the strategic acquisition of approximately 60,000 square feet of prime retail space across the Ground and First floors at Nexus Elante