Issuer Details and Deal Highlights:

• Nexus Select Trust is India’s first ever Retail Real Estate Investment Trust (REIT), sponsored by the world’s largest alternative asset manager- Blackstone
• It is comprised of an initial portfolio of 17 best-in-class Grade A urban consumption centres with a total leasable area of 9.2 msf, two complementary hotel assets (354 keys) and three office assets (1.3 msf)

SBICAP Value Add- One of the top Procurers in Anchor Book Procurement:

• SBICAPS Positioned Nexus Select Trust as India’s first ever Retail REIT, with 17 best-in-class urban consumption centres across 14 cities
• SBICAPS-Investec played crucial role in building the transaction momentum by securing high quality long only investors to participate in the offering, thus creating deal momentum and ensuring participation from a wide range of investors
• The Issue received a robust response from multiple set of investors with an Overall Subscription of 5.7x, with QIB portion being subscribed 5.2x & Non-Institutional portion being subscribed 6.2x in a tough market environment.