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Nexus Select Trust

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

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...

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...

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

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...

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 inorganicallyNew Delhi: Global investment firm Blackstone-sponsored Nexus Select Trust plans to double its portfolio of shopping malls in the next...

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

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...

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

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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Fresh commerce platform Handpickd aims to launch 30 new micro markets in 2025

The micro markets will be located within Gurgaon and Delhi NCRBengaluru: Handpickd, India’s first direct-to-consumer (D2C) match-making platform for...
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