Blackstone-backed Nexus Select Trust raises ₹1,000 cr for acquiring retail malls
The NCDs, listed on the wholesale debt market of BSE, were raised in two tranches of ₹600 crore and ₹400 crore at a coupon rate of 7.70%.
nexus select trust reit
October 2024
June 2023
May 2023
Nexus Select Trust raises ₹1,000 cr via NCDs to refinance bank loans
The Blackstone-backed REIT intends to use debt capital to refinance bank loans at Special Purpose Vehicle level.
Nexus Select Trust REIT IPO lists at 3% premium
The ₹3,200 crore IPO of India’s first pure-play retail REIT, which opened between May 9-11, was subscribed 5.45 times.
Nexus Select Trust sets price band at ₹95-100 for India's first retail REIT IPO
The real estate investment trust to raise ₹3,200 crore via IPO, which comprises fresh issue of up to ₹1,400 crore and an offer for sale of up to ₹1,800 crore.
Blackstone-backed Nexus to launch REIT IPO on May 9; cuts issue size to ₹3,200 cr
The price band for Nexus Select Trust REIT, which will be available for subscription till May 11, is expected to be announced this week.
