13 Feb 2025

13 Feb 2025

Blackstone-backed Nexus Select acquires Vega City mall in Bengaluru for 913 cr

Blackstone-backed Nexus Select acquires Vega City mall in Bengaluru for 913 cr

Nexus Select Trust, a Blackstone Group-backed retail-focused REIT, has acquired the Vega City mall in Bengaluru for Rs 913 crore

Blackstone Group-backed Nexus Select Trust has acquired a nearly 0.5 million sq ft Grade A retail property Vega City mall in affluent south Bengaluru locality for a total enterprise value of Rs 913 crore. This includes purchase consideration of nearly Rs 870 crore and balance towards planned capex including renewables and closing costs. Read more

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I'm the voice behind Open House. The pursuit of excellence has been the guiding principle of my life, driving me to continuously strive toward my fullest potential to achieve maximum impact.

Let's Connect Deeper

I'm the voice behind Open House. The pursuit of excellence has been the guiding principle of my life, driving me to continuously strive toward my fullest potential to achieve maximum impact.