Nexus Select Trust has informed the Exchange regarding Annual summary Valuation report for assets for FY ended 2024-25
Awaiting price reaction for this filing.
Nexus Select Trust has submitted its annual Summary Valuation Report for the financial year ended March 31, 2025, as required under Regulation 21 of SEBI REIT Regulations. The valuation was carried out by iVAS Partners (with CBRE South Asia as sub-consultant) for 19 assets including urban consumption centres, offices, hotels and a solar park spread across cities like Delhi, Mumbai, Bengaluru, Hyderabad, Chennai, Pune, Ahmedabad and Chandigarh. The total market value of majority-owned assets is assessed at ₹27,251.8 crore (₹275,330 crore including minority interests), covering 9.69 msf of leasable area, 1.25 msf of offices, 354 hotel keys and 15 MW solar capacity. Top valued assets include Nexus Select Citywalk (Delhi) at ₹4,726 crore and Nexus Elante Complex (Chandigarh) at ₹5,307 crore combined across retail, office and hotel components.
This annual valuation report sets the asset base value for Nexus Select Trust and directly influences the net asset value (NAV) reported to unitholders. A higher total valuation supports the underlying value of NXST units, though the report itself is a routine regulatory disclosure rather than a trigger for price movement. Investors should compare the ₹27,252 crore majority-ownership valuation against earlier years to gauge portfolio performance.