Nexus Select Trust

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Nexus Select Trust REIT IPO subscribed 5.45 times on last day of offer

PTI -
The portion for non-institutional investors received 6.23 times subscriptions, while the qualified institutional buyers part got subscribed 4.81 times New Delhi: The initial public offering (IPO) of Nexus Select Trust, the first REIT backed by rent-yielding retail real estate assets, was...
Latest News

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

PTI -
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...
Big Grid

Nexus Select Trust raises Rs 1,440 cr from anchor investors; to hit market with Rs 3,200 cr REIT IPO on Tuesday

PTI -
Nexus Select Trust will launch India's first REIT (Real Estate Investment Trust) Initial Public Offer (IPO) backed by rent yielding retail real estate assets New Delhi: Blackstone-sponsored Nexus Select Trust, which will hit the capital market on Tuesday, has raised...
Shopping Centres

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

PTI -
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...
Big Grid

Shopping mall operators’ revenue may rise 7-9% this fiscal: Report

PTI -
The revenue growth will be driven by strong retail consumption and improved rentals in their properties New Delhi: Shopping mall operators are expected to earn 7-9 per cent higher revenue during this fiscal, driven by strong retail consumption and improved...
Shopping Centres

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

PTI -
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...
In Focus

CCI approves acquisition of commercial real estate assets by Nexus Select Trust

PTI -
The proposed transaction involves the direct acquisition of 100% shareholding of 15 entities and indirect acquisition of 100% shareholding of two entities  New Delhi: Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select...
Entertainment

Nexus files for India’s 1st retail REIT public issue

PTI -
The Nexus Select Trust REIT is backed by Blackstone. The USD 500 mn public issue will hit the market in the first half of 2023 calendar year New Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust filed the draft paper with...
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Food & BeverageSanya Arora -

Dunkin’ celebrates National Donut Day with ‘donuts at Rs 2’

The offer is available on six varieties of doughnuts at select Dunkin’ stores in Delhi/NCR and Dehradun until stocks...
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