Blackstone likely to sell over 33 crore Nexus REIT units in block deals on Friday

Blackstone sold more than 33 crore units of Nexus Select Trust at Rs 135 per unit, earning $530.6 million. Its stake dropped from 43.1% to 21.3%. A 15% stake remains locked up until May 2026, and 6.3% is voluntarily locked for nine months. Nexus Select Trust, established in 2015, operates 17 malls in 14 cities.