Nexus Select Trust has informed the Exchange regarding Annual Full Valuation report for assets for FY ended 2024-25
Awaiting price reaction for this filing.
Nexus Select Trust has submitted its Detailed Valuation Report to the exchanges for the financial year ended March 31, 2025, as required under Regulation 21 of SEBI's REIT Regulations. The valuation was carried out by iVAS Partners, with the report dated May 13, 2025. The report covers 19 properties in the trust's portfolio, including marquee malls like Select Citywalk, Elante Complex, Seawoods, Ahmedabad One, Hyderabad, and others, along with a hotel component and a solar park. The valuation uses both the Direct Comparison Approach and the Income Approach, with detailed analyses of cap rates, discount rates, and WACC for retail, office, and hotel assets. The full report has also been uploaded on the trust's website for public access. This is a routine annual compliance filing for a REIT and does not signal any change in operations or strategy.
This is a regulatory disclosure rather than a business event — no immediate impact on unit price or distributions is expected. Investors should review the detailed valuation to assess the underlying asset values, which form the basis of the trust's net asset value (NAV) and can influence future fundraising, unit issuances, or strategic decisions.