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March 26, 2024
Investegate announcements from Results of the Tender Offers
February 9, 2024
Invesco Select Trust PLC said all four portfolios increased net asset values in its latest half year, with two beating their indexes. Shares in the investment trusts Global Equity Income portfolio...
February 6, 2024
Indias first listed retail Real Estate Investment Trust (REIT), Nexus Select Trust, has reported a record-high quarterly tenant sales of Rs 3,300 crore, marking an 8% YoY increase. The REIT achieved its highest-ever retail occupancy of 97.3% and saw a 14% YoY growth in net operating income. It is on track to meet its financial year 2023-24 guidance and has declared a distribution of Rs 303 crore for the third quarter. Nexus Select Trust has also refinanced debt, resulting in annual savings of Rs...
February 6, 2024
In a statement, Nexus Select Trust said it has achieved net operating income (NOI) of Rs 418.5 crore in the October-December quarter of this fiscal, up 14 per cent from the year-ago period.
January 30, 2024
The potential deal will comprise the E-Galleria mall in Moosarambagh, L&T Metro Mall in Punjagutta, and the Next Galleria Mall near Irrum Manzil, people familiar with the matter said.
January 12, 2024
A roundup of top newspaper stories to keep you ahead of the others.
December 29, 2023
Network expansion, a strong uptick in demand for premium brands, increasing traction for value brands in smaller cities and general elections will be among the key drivers for the retail sector, which is also moving from being just a tale of rural and urban markets
December 29, 2023
Demand for fashion and gadgets remained strong during the festive season, with a recovery of almost 130% of revenues compared to 2019.
December 11, 2023
"The Indian REITs Association welcomes this positive development on the SEZ amendment. The growth of Grade A commercial office spaces rests on the demand the industry is witnessing from Global Captive Centres and domestic businesses, and this move is expected to boost demand," said founding members jointly.
December 6, 2023
Indiaโs first listed Retail REIT has secured an outstanding score of 86 out of 100 in the 2023 Real Estate Assessment carried out by GRESB, the global environmental, social, and governance (ESG) industry benchmark, , reit, real estate