Nexus Select Trust
Shopping Centres
Nexus, Phoenix, Lulu among those felicitated at IMAGES Shopping Centre Awards 2023
Brands and professionals under 35 categories were recognized for their innovation and business performance at the IMAGES Shopping Centre Awards 2023 in a glittering ceremony that was part of the Shopping Centres Next 2023 in Bengaluru
New Delhi: The Shopping...
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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 timesNew Delhi: The initial public offering (IPO) of Nexus Select Trust, the first REIT backed by rent-yielding retail real estate assets, was...
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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 offerNew 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 assetsNew 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 propertiesNew 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 inorganicallyNew 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 yearNew Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust filed the draft paper with...
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Wow! Momo eyes Rs 500 cr from FMCG business by FY30
The company, which has been expanding its FMCG presence over the last two and a half years, currently generates...
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