Nexus Select Trust reports 15% on-year growth in Q3 Net Operating Income

Nexus Select Trust reported a 15% year-on-year growth in net operating income to Rs 450 crore for the December quarter, maintaining 97% occupancy. The REIT also achieved its highest quarterly tenant sales of Rs 4,100 crore, up 16%, and declared its highest-ever quarterly distribution of Rs 358.6 crore.