Nexus Select Trust (REIT) raises Rs. 1000 Crs in Non-Convertible Debentures (NCDs) for expansion
Mumbai, October 25, 2024. The first pure-play Retail Real Estate Investment Trust (REIT) in India, Nexus Select Trust on Wednesday said that it has successfully raised non-convertible debentures (NCDs) of 1000 crs coupon bearing at ~7.70%. These NCDs were raised in two Tranches of Rs. 600 crs and Rs. 400 crores and is non-amortizing with…