BSENexus Select TrustHighPositive
Announced Wed, 9 Sept, 2026 · 17:09 IST
Nexus Select Trust to acquire Galaxy Complex mall and Hyatt Regency hotel in Guwahati
Price reaction
Awaiting price reaction for this filing.
AI summary
Nexus Select Trust board approved acquiring Galaxy Complex in Guwahati from Galaxy Infra Creations Pvt Ltd, comprising a 516,301 sq ft Grade-A retail mall and a 164-key Hyatt Regency hotel. Total projected market value as of Dec 2027 completion: INR 16,479 million (mall: INR 12,361 mn, hotel: INR 4,118 mn). Valuation report, press release and presentation shared.
Likely market impact
Expands retail and hospitality portfolio; about INR 1,648 crore asset addition. Positive growth and diversification move for unit holders.