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%.
real estate investment trust
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Brookfield India REIT raises over ₹2,300 cr through QIP
The real estate investment trust will use proceeds to fund the acquisition of 50% stake in two large commercial assets.
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.
Blackstone-backed Nexus to launch India's 1st retail REIT next month; eyes ₹4,000 cr
The REIT IPO comprises a primary issue of ₹1,600 crore and a secondary share sale of ₹2,400 crore by Blackstone and some other smaller holders.
Big investors’ real estate bets get bigger
This is a growing asset class among institutional investors—in terms of number of investors as well as their invested value.
India is our fastest growing market: CBRE
With RERA, GST and demonetization leading to increasing transparency, capital inflow into Indian real estate is likely to witness growth, says the world’s largest commercial real estate manager.
