Nexus Select plans to double its portfolio to 20 million sq
India's first publicly listed retail Real Estate Investment Trust (REIT), Nexus Select Trust has plans to double its assets portfolio to 20 million sq ft in the next 5 years with an acquisition-led growth strategy. CEO pf REIT said Dalip Sehgal stated that the trust can borrow $1 billion or swap units for assets to fund acquisitions.
The trust currently owns 17 malls across 14 cities, including Ahmedabad and Amritsar.
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