Nexus Select Trust has approved the acquisition of Diamond Plaza in Kolkata for Rs 347.5 crore, marking an expansion of its real estate holdings.
The acquisition adds another significant mall to the trust’s growing portfolio, reinforcing its presence in the Indian retail sector.
In addition to the acquisition, Nexus Select Trust has made key appointments for auditing and valuation services. These appointments are intended to support the company’s ongoing growth strategy and ensure robust financial oversight.