New Delhi, July 11, 2026: Nexus Select Trust reported a 17% year-on-year increase in consumption to Rs 3,850 crore for the first quarter of FY27, with net operating income (NOI) rising 11% to Rs 510 crore, the company said on Thursday.
The real estate investment trust (REIT) also announced a 10% year-on-year growth in distribution per unit (DPU) to Rs 2.442, marking its twelfth consecutive quarter of 100% distribution payout. Nexus Select Trust said it has delivered a 25% internal rate of return (IRR) to unitholders since its listing.
Leasing momentum and new acquisitions
The quarter saw continued leasing momentum, with healthy re-leasing spreads and the addition of new brands across the portfolio. Nexus Select Trust also announced the proposed acquisition of Diamond Plaza in Kolkata, as part of an active acquisition pipeline to support its long-term growth strategy.
Strategic expansion initiatives
The company attributed its performance to resilient consumption growth and ongoing execution of strategic expansion initiatives.
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