Nexus Select Trust submits FY26 Annual Report to exchanges

Nexus Select Trust, India's first listed retail REIT, submitted its FY26 Annual Report. Consumption grew 15% YoY to about Rs 143 billion, NOI rose 13% to Rs 19 billion, DPU up 9% to Rs 9.08. Leasing occupancy at 97%, NAV per unit rose 8% to Rs 164. Trust maintained 100% NDCF payout since listing, holds AAA rating and 18% leverage. Portfolio spans 19 malls across 15 cities with 10.7 million sq ft area. Vision 2030 targets 30 to 35 malls and NOI above Rs 35 billion.