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Nexus Select Trust has announced a distribution of INR 358.6 crore to its unitholders for the quarter ended December 2025, reflecting steady operating performance across its retail-led portfolio. The REIT reported a rise in consolidated net profit to INR 139.4 crore during the October-December period, alongside a sharp increase in total income and net operating income. Higher rentals, portfolio scale and improved asset performance contributed to the growth. The declared distribution translates into INR 2.36 per unit and includes interest, dividends and repayment of special purpose vehicle-level debt. With a diversified portfolio of retail, office and hotel assets spread across multiple cities, Nexus Select Trust continues to strengthen its position as one of India's prominent consumption-driven REIT platforms.
Real estate investment trust Nexus Select Trust on Monday announced a distribution of INR 358.6 crore to its unitholders for the quarter ended December 31, 2025, supported by higher income and improved operating metrics across its portfolio of retail-led assets. Advertisement
According to regulatory filings, the REIT reported a consolidated net profit of INR 139.4 crore for the October-December quarter, compared with INR 114.73 crore in the corresponding period of the previous year. The growth in profitability was accompanied by a significant rise in overall income, indicating sustained demand and stable performance across its underlying assets.
Total income during the December quarter increased to INR 691.93 crore, up from INR 531.08 crore recorded a year earlier. The improvement was driven by stronger leasing, better rental realisations and consistent consumption activity at its shopping centres. The trust's net operating income (NOI) also recorded a 15 per cent year-on-year increase, rising to INR 451.7 crore from INR 392.5 crore in the same quarter last year.
For the quarter, Nexus Select Trust declared a distribution of INR 358.6 crore, translating into INR 2.36 per unit. The distribution comprises a mix of interest income, dividends and repayment of debt at the special purpose vehicle level, in line with REIT regulations and distribution norms. The payout reflects the trust's ability to generate stable cash flows from its leased assets while maintaining a balanced capital structure.
Nexus Select Trust is backed primarily by income-generating retail real estate and has built a diversified portfolio across key urban centres in India. Its asset base includes 19 shopping malls with a total gross leasable area of around 10.7 million sq ft, spread across 15 cities. These malls form the core of the REIT's portfolio and cater to a wide mix of national and international retailers, food and beverage brands, and entertainment operators.
In addition to retail assets, the trust also owns three hotel properties with a combined inventory of 450 keys, as well as three office assets with a gross leasable area of approximately 1.3 million sq ft. This diversification provides additional income streams and reduces reliance on any single asset class, while maintaining a strong focus on consumption-driven real estate.
The December quarter performance highlights the continued recovery and resilience of organised retail real estate, supported by steady footfall, tenant demand and consumption trends. With rising NOI and consistent distributions, Nexus Select Trust remains positioned to deliver stable returns to investors, while benefiting from long-term growth in India's urban consumption and retail infrastructure.
Source - PTI
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