Nexus Malls
Nexus Select Trust is India's first publicly listed urban consumption centre REIT, operating 19 Grade A retail malls across 15 Indian cities, totalling ~10.7 million sq ft at 97% occupancy, serving retail, F&B, and entertainment tenants while offering investors listed-market exposure to Indian retail real estate.
- Company typePublic
- Founded2016
- HeadquartersVikhroli, India
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Nexus Malls does
Nexus Select Trust (operating as Nexus Malls) is India's first publicly listed urban consumption centre Real Estate Investment Trust, listed on Indian stock exchanges under the ticker NST. The trust owns and operates a portfolio of 19 Grade A retail malls across 15 Indian cities, aggregating approximately 10.7 million square feet of leasable retail space with a 97% portfolio occupancy as of March 31, 2026. The platform's FY26 tenant sales exceed INR 143 billion across more than 137 million annual footfalls, positioning it as one of India's largest retail real estate platforms by both physical footprint and consumer throughput.
The underlying asset base is a physical, capital-intensive Grade A mall portfolio spanning the North, South, West, and East regions, including marquee assets such as Nexus Select CityWalk (Delhi), Nexus Elante Complex (Chandigarh), Nexus Whitefield and Nexus Koramangala (Bengaluru), Nexus Ahmedabad One, Nexus Seawoods (Navi Mumbai), and Nexus Esplanade (Bhubaneswar). The trust's growth strategy is anchored on inorganic expansion, evidenced by completed acquisitions of Vega City and MBD Complex, and on programmatic portfolio build-out since its 2016 market entry. The REIT structure mandates distribution of at least 90% of taxable income to unit holders, providing a yield-oriented instrument.
The business model generates revenue primarily through rental income from retail, F&B, entertainment, and lifestyle tenants occupying mall space, supplemented by service charges (CAM recoveries), marketing contributions, and other mall operating income. The go-to-market is dual-pronged: a B2B direct leasing motion targeting national and international brands seeking high-footfall Grade A locations across India, and a B2C/B2B investor distribution motion via NSE/BSE-listed REIT units accessible to retail and institutional investors. The company has no disclosed AI, software, or proprietary technology stack beyond standard REIT asset-management infrastructure. Corporate headquarters are located at Embassy 247, Vikhroli West, Mumbai, and the entity operates with 501–1000 employees across the portfolio.
Nexus Malls firmographics
Firmographics- Name
- Nexus Malls
- Legal name
- Nexus Select Trust Private Limited
- Website
- https://nexusmalls.com
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Nexus Select Trust is India's first publicly listed urban consumption centre REIT, operating 19 Grade A retail malls across 15 Indian cities, totalling ~10.7 million sq ft at 97% occupancy, serving retail, F&B, and entertainment tenants while offering investors listed-market exposure to Indian retail real estate.
- Ownership category
- akta.pro rank
Nexus Malls industry classification
Industry- Product category
- Retail Real Estate (Shopping Mall REIT)
- NAICS
- Other Financial Vehicles (52599)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)
- akta.pro primary industry
- Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)
Keywords
Where Nexus Malls is headquartered
LocationHeadquarters
- HQ city
- Vikhroli
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Nexus Malls business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Others
Revenue model
- Retail REIT Operations: Nexus Select Trust generates revenue primarily through rental income from retail tenants occupying mall spaces. Additional revenue streams include service charges, marketing contributions from tenants, and other mall operating income. As a REIT, the trust is required to distribute at least 90% of its taxable income to unit holders as dividends.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Nexus Malls product offering
Product offeringCore offering
Nexus Select Trust owns and operates a portfolio of 19 Grade A urban consumption centre malls across 15 Indian cities, totalling approximately 10.7 million square feet of retail space. The core offering consists of leasing retail space to fashion, food & beverage, entertainment and lifestyle tenants, alongside providing mall management, marketing, and common-area services. As a REIT, it also offers investors tradable units providing exposure to Indian retail real estate with mandatory income distributions.
Product overview
Nexus Select Trust operates as a single unified REIT product — India's first publicly listed urban consumption centre REIT — encompassing a portfolio of 14 named mall properties across North, South, West, and East regions of India. The REIT functions as the consolidated holding entity for all Nexus malls, offering investors exposure to approximately 10.7 million square feet of Grade A retail space across 15 cities with 97% occupancy, INR 143 Bn+ in tenant sales, and 137 Mn+ annual footfalls. The individual mall properties (Nexus Select CityWalk, Nexus Elante Complex, Nexus Amritsar, Nexus Celebration, Nexus Whitefield, Nexus Koramangala, Nexus Shantiniketan, Fiza by Nexus, Nexus Ahmedabad One, Nexus Seawoods, Treasure Island, Nexus Westend Complex, Nexus Esplanade) are sub-products within the unified REIT portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Nexus Select Trust REIT India's first publicly listed urban consumption centre REIT, owning and operating a portfolio of 19 Grade A retail malls across 15 Indian cities totalling approximately 10.7 million square feet, with 97% occupancy, INR 143 Bn+ in FY26 tenant sales, and 137 Mn+ annual footfalls. Available to investors as tradable REIT units on Indian stock exchanges.
- Nexus Select CityWalk Grade A Nexus mall located in Delhi, part of the North Region portfolio. Leases premium retail space to fashion, F&B, and entertainment tenants in a high-footfall urban consumption centre.
- Nexus Elante Complex
- Nexus Amritsar
- Nexus Celebration
- Nexus Whitefield
- Nexus Koramangala
- Nexus Shantiniketan
- Fiza by Nexus
- Nexus Ahmedabad One
- Nexus Seawoods
- Treasure Island
- Nexus Westend Complex
- Nexus Esplanade
- Retail Mall Leasing Services
Quantifiable outcome
- 97% Occupancy rate across portfolio
- +3 more outcomes
Companies that use Nexus Malls
Customer profileSegments4 records
Ideal customer profiles2 records
Nexus Malls technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Nexus Malls partnerships and signals
Strategic signalScale indicators7 records
Recent moves7 records
Expansion highlights5 records
Nexus Malls competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Nexus Malls social profiles
Digital presenceNexus Malls financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nexus Malls leadership team
Management profileNumber of profiles
Nexus Malls funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nexus Malls M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nexus Malls
What does Nexus Malls do?
Nexus Select Trust owns and operates a portfolio of 19 Grade A urban consumption centre malls across 15 Indian cities, totalling approximately 10.7 million square feet of retail space. The core offering consists of leasing retail space to fashion, food & beverage, entertainment and lifestyle tenants, alongside providing mall management, marketing, and common-area services. As a REIT, it also offers investors tradable units providing exposure to Indian retail real estate with mandatory income distributions.
Is Nexus Malls a public or private company?
Nexus Malls is a public company. It is classified as public and is currently operating.
When was Nexus Malls founded?
Nexus Malls was founded in 2016. It employs 501 to 1,000 people.
Where is Nexus Malls based?
Nexus Malls is headquartered in Vikhroli, India, in the Asia region.
How does Nexus Malls make money?
One revenue line is on record: retail REIT Operations.
Does Nexus Malls have an API?
No public API is recorded for Nexus Malls.
What industry is Nexus Malls in?
Nexus Malls's product category is Retail Real Estate (Shopping Mall REIT). Its primary akta.pro industry code is FSAAAKAA, Core Real Estate (Stabilized/Core-Plus). Its NAICS code is 52599 and its SIC code is 6532.