Nexus Select Trust Acquires Diamond Plaza, Kolkata for Rs 347.5 Crore
India’s only listed retail REIT, Nexus Select Trust, has approved the acquisition of Diamond Plaza Mall in Nagerbazar, North Kolkata, for Rs 347.5 crore. The acquisition will be carried out through its SPV, Nexusmalls Whitefield Private Limited, via a share purchase agreement with Super Diamond Enterprises, post restructuring and separation of unrelated businesses. The asset …
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