Global investment giant Blackstone Group is poised to acquire Kolkata’s South City Mall in a record ₹3,480 crore ($400 million) deal, marking eastern India’s largest mall transaction and signaling heightened investor interest in Kolkata’s retail real estate market. The acquisition will expand Blackstone-led Nexus Select Trust’s portfolio, reflecting confidence in India’s commercial property...
Nexus Select Trust has approved the acquisition of MBD Neopolis mall and Radisson Blu Hotel in Ludhiana for ₹490 crore, set to complete within four months, expanding its retail portfolio in Punjab.