real estate investment trust

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    REIT Expands with Kolkata Shopping Center

    New Delhi, April 7 The real estate firm Nexus Select Trust has acquired a shopping mall in Kolkata for ₹347.5 crore to expand its business.According to a regulatory filing on Tuesday, the Board of Directors of Nexus Select Mall Management Pvt Ltd, the manager to Nexus Select Trust, approved...
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    SM REIT IPO to Fund Ahmedabad Property

    New Delhi, March 30 Property Share Investment Trust, the country's first registered Small and Medium Real Estate Investment Trust (SM REIT), announced on Monday that the IPO of PropShare Celestia, worth Rs 244.65 crore, will open on April 10.The issue, with a price band of Rs 10-10.50 lakh per...
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    SEBI Closes Case Following Nexus Select Mall Settlement

    New Delhi, March 5 Nexus Select Mall Management has settled allegations of violating REIT (Real Estate Investment Trust) norms with market regulator Sebi after paying a settlement fee of Rs 24.37 lakh.In its order on Wednesday, Sebi said that Nexus Select Mall Management had remitted the...
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