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Nexus Select Trust REIT

Nexus Select Trust REIT IPO subscribed 28 pc on first day of offer

The Rs 3,200 crore-share sale received bids for 5,00,49,000 units against 17,60,00,100 units on offer New Delhi: The Initial Public Offering (IPO) of Nexus Select Trust, the first REIT backed by rent yielding retail real estate assets, was subscribed 28 per...

Nexus Select Trust acquires 17 malls since 2016; to continue inorganic growth post IPO

The company will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT IPO and this includes fresh issue of units worth up to Rs 1,400 crore and an offer for...

Blackstone’s Nexus plans to double mall portfolio in 4-5 years

Nexus Select Trust has acquired 17 shopping malls since the 2015-16 fiscal year and intends to grow its business inorganically New Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust plans to double its portfolio of shopping malls in the next...
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