Nexus Select Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Nexus Select Trust, India's first listed retail REIT, filed its half-yearly report for the six months ended September 30, 2025. Revenue from operations rose 13% YoY to ₹12,445 Mn, while Net Operating Income (NOI) also grew 13% YoY to ₹9,277 Mn, with EBITDA margin steady at 72%. Tenant sales touched ~₹68 Bn (13% YoY growth) and the trust maintained 97% leased occupancy for ten straight quarters. The board approved ₹6,708 Mn in distributions (100% payout) for the ninth consecutive quarter, and NAV per unit grew 8% YoY to ₹159.35. Net debt-to-GAV stands at a conservative 18%, well below the 49% REIT cap, with average debt cost down to 7.5%.
Consistent NOI growth, 100% distribution payouts, and disciplined leverage are positive for unitholders. The trust has delivered 80%+ total returns since listing and maintains AAA credit ratings, reinforcing its appeal as a stable income investment.