Mumbai (Maharashtra) [India], July 31: Nexus Select Trust (NSE: NXST / BSE: 543913), India’s first listed Retail REIT, reported results today for the first quarter ended June 30, 2024.

Nexus Select Trust Reports Strong Financial Performance with 8 per cent YoY Retail NOI Growth; Five Assets under Acquisition and Ongoing Discussions for Another 5 Assets

Nexus Select Trust consolidated net profit rises 48.68% in the June 2024 quarter

Nexus Select Trust reports strong growth in net operating income, plans to double retail portfolio in five years.

Nexus Select Trust Q1 NOI up 8% YoY, signs term sheets for two acquisitions

Nexus Select Trust, a listed REIT backed by retail real estate, on Tuesday reported 7 per cent increase in net operating income to Rs 412.7 crore for June quarter and announced plans to raise up to Rs 1,700 crore through issue of commercial papers and debentures.

Nexus Select Trust Q1 results: Net operating income up 7% at Rs 412.7 cr

The US-based private equity major Blackstone-backed REIT has entered into two separate term sheets to acquire two retail assets totalling around 8 lakh sq ft during the quarter ended June.

Nexus Select Trust says 5 assets under acquisition, discussions on for 5 more

Growth story on track, new asset infusions key

Nexus Select Trust - Focus On NOI Growth, New Asset Infusion In FY25: ICICI Securities

The company is in talks to acquire 1 million square feet of mall space; outlines the strategic shift towards acquiring brownfield projects, while emphasising preparedness to swiftly integrate acquired malls into its structure.

Nexus Select Trust to expand mall portfolio amid southern India’s retail boom

- What's the reason behind #KeystoneRealtors surpassing their pre-sales growth guidance?
- What's in store for #NexusSelectTrust going forward?

Hersh Sayta brings you small and midcap stocks to keep up with on 'The SMID Show'. #NDTVProfitLive

Guest list:
Boman Rustom Irani, CMD Keystone Realtors(Rustomjee) Ltd. & President CREDAI National Executive Director
Rajesh Deo, Chief Financial Officer- Nexus Select Trust 
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RBI Keeps Rates Unchanged | The SMID Show | NDTV Profit

In 2023, 58 maiden public issues were floated to raise Rs 52,637 crore. This included Rs 3,200-crore-IPO of Nexus Select Trust REIT.

Three IPOs To Hit Primary Market On Wednesday; Aim To Raise Rs 1,700 Crore

#NexusSelectTrust's Dalip Sehgal speaks about company's performance in H1FY24 and growth projections for the second half.

Watch the whole conversation: https://bit.ly/3G1IBRY

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Nexus Select Trust's Dalip Sehgal On Performance In H1FY24, Growth Projections For H2 | BQ Prime

#NexusSelectTrust gains higher on back of its Q2 performance. In conversation with Executive Director & CEO Dalip Sehgal.

#CAMS' standalone profit grew 17% year-on-year to Rs 81 crore. MD Anuj Kumar discusses the Q2 highlights and key growth drivers for FY24. #BQLive 
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Stocks In Focus With Nexus Select Trust & CAMS | BQ Prime

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

It is an India-based urban consumption center real estate investment trust. The Company’s portfolio comprises of 17 Grade A urban consumption centers, two complementary hotel assets (354 keys) and three office assets.

Nexus Select Trust