IPO

Blackstone's retail malls unit Nexus' Rs.3,200-Cr REIT IPO oversubscribed

Economic Times   Financial Express  

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.

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