Public Market IPO
Blackstone's retail malls unit Nexus' Rs.3,200-Cr REIT IPO oversubscribed
Source Financial Express (opens in a new tab)Economic Times (opens in a new tab)
Private Equity firm Blackstone Group-backed Nexus Select Trust's INR 3,200 crore IPO for India's maiden retail assets-led Real Estate Investment Trust (REIT) has closed with a total subscription of 5.74 times. Nexus runs 17 malls located across 14 cities.