In today’s briefing:
- Nexus Select Trust Pre-IPO – The Negatives – Some Assets Were Recently Acquired, Not All Doing Well
Nexus Select Trust Pre-IPO – The Negatives – Some Assets Were Recently Acquired, Not All Doing Well
- Nexus Select Trust (NST IN) is looking to raise up to US$500m in its upcoming India IPO.
- NST is a REIT with a portfolio of 17 Grade A urban consumption centers. It is backed by Blackstone.
- In this note, we will talk about the not-so-positive aspects of the deal.
💡 Before it’s here, it’s on Smartkarma
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