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Nexus Select Trust REIT IPO: Most brokerage houses have a 'subscribe rating', as they cite attractive valuations, best-in-class assets, and no listed real estate investment trusts in the retail sector in India
The initial public offering of Nexus Select Trust, the real estate investment trust that operates under Nexus Malls, was more than five times covered at ......
The SGX Nifty indicates a positive start for the broader index with a gain of 33 points on Wednesday, though Wall Street ended down with inflation data, debt talks in focus, European markets closed lower, and Asian indices traded in the red
Real estate investment trust companies are corporations that manage the portfolios of high-value real estate properties and mortgages. The income collected is distributed among shareholders as income and dividends.
Nexus Select Trust REIT plans to raise Rs 3,200 crore via public issue which comprises a fresh issuance of units worth Rs 1,400 crore and an offer for sale of Rs 1,800 crore by selling shareholders.