Nexus Select Trust REIT News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of Nexus Select Trust REIT authored by Marwadi Financial Services and published by - Trendlyne research reports.
Item: Nexus Select Trust REIT
Rating: 5
Author: Marwadi Financial Services

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Nexus Select Trust REIT

08 May 2023

135.10

-0.14%

Nexus Select Trust REIT

IPO Subscribe: Nexus Select Trust REIT

Marwadi Financial Services

The IPO is priced conservatively at a 22% discount to the Net Asset Value (NAV) of the units. Post-IPO, the equity value of the trust will be Rs. 1,51,500 mn. and NAV per unit in relation to the offer price shall be 0.78 at the upper price band.

Nexus Select Trust REIT is trading above its 100 day SMA of 132.8

Nexus Select Trust REIT

08 May 2023

135.10

-0.14%

Leading retail asset platform...

IPO Subscribe: Nexus Select Trust REIT

ICICI Direct

Well-positioned for strong organic growth through a combination of contractual rent escalations, increased tenant sales leading to higher turnover rentals, re-leasing at higher market rents & lease-up of vacant area.

Nexus Select Trust REIT is trading below its 150 day SMA of 136.0

Nexus Select Trust REIT

08 May 2023

135.10

-0.14%

Nexus Select Trust REIT

IPO Subscribe: Nexus Select Trust REIT

Mehta Equities

Nexus select trust Reit portfolio includes 17 best Grade A urban consumption centers which are strategically located across 14 major cities such as Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad and Chennai.

ICICI Securities Limited increased Buy price target of Nexus Select Trust REIT to 161.0 on 15 May, 2025.

Nexus Select Trust REIT

08 May 2023

135.10

-0.14%

IPO Note- Nexus Select Trust REIT

IPO Subscribe: Nexus Select Trust REIT

Aditya Birla Money Limited

Nexus REIT has renowned sponsor (Blackstone Real estate fund with global real estate AUM of US$326 billion spread across 1,475 msf of leasable area with global expertise and local knowledge (15 years operating experience in India).

Nexus Select Trust REIT is trading below its 150 day SMA of 136.0

Nexus Select Trust REIT

08 May 2023

135.10

-0.14%

Nexus Select Trust: IPO

IPO Subscribe: Nexus Select Trust REIT

ICICI Direct

Nexus Select Trust REIT is trading above its 100 day SMA of 132.8

Nexus Select Trust REIT

06 May 2023

135.10

-0.14%

A play on the urban consumption infrastructure of the country

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Choice India

Blackstone group backed Nexus Select Trust (Nexus), an owner of India’s largest mall assets is coming up with a REIT (real estate investment trust) issue to raise Rs. 3,200cr, which opens on 9th May and closes on 11th May 2023. The price band is Rs. 95 - 100 per unit.

Nexus Select Trust REIT is trading below its 150 day SMA of 136.0

Nexus Select Trust REIT

05 May 2023

135.10

-0.14%

Nexus Select Trust REIT

IPO Note: Nexus Select Trust REIT

SBI Securities

The company portfolio has a total 17 best-in-class grade A urban consumption centres
(out of the total 100 grade A assets in India with 90% occupancy) with a total leasable area of 9.2 mn sq ft (adjusted for share of economic interest), 2 complementary hotel assets (354 keys) and 3 office assets (1.3 mn sq ft) as of December 31, 2022.

ICICI Securities Limited increased Buy price target of Nexus Select Trust REIT to 161.0 on 15 May, 2025.