Nexus Select Trust to acquire Galaxy Infra Creations for Rs 1,600 crore

Nexus Select Trust is set to enter the thriving consumption markets of northeast India with the acquisition of a shopping mall and a Hyatt Regency Hotel in Guwahati for Rs 1,600 crore. This notable transaction includes a 164-key hotel and a retail space, both currently under construction, with Nexus poised to manage operations following the completion and necessary approvals.

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.