Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Nexus Select Trust / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/nexus-select-trust" target="_blank" data-smartkarma-citation="entities:36566:1" rel="noopener">Nexus Select Trust (NST IN)</a> raised around US$391m in its India IPO in May 2023.</li>
<li>NST is a REIT with a portfolio of 17 Grade A urban consumption centers. Its portfolio covers retail malls, office assets, hospitality assets and a renewable power plant. </li>
<li>In this note, we talk about the upcoming lock-up expiry and possible deal dynamics.</li>
</ul>



Nexus Select Trust (NST IN) raised around US$391m in its India IPO in May 2023.
NST is a REIT with a portfolio of 17 Grade A urban consumption centers. Its portfolio covers retail malls, office assets, hospitality assets and a renewable power plant. 
In this note, we talk about the upcoming lock-up expiry and possible deal dynamics.


Nexus Select Trust IPO Lockup Expiry - US$1.5bn Stake Comes Free. Will Likely Be a Coordinated Exit

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

Equity Bottom-Up

Blackstone Real Estate Income / Equity Bottom-Up

Key points (machine generated)<ul><li>The implied cap rate of less than 4% for "cats and dogs" in the real estate market seems unusually low, given the risks and uncertainties involved.</li><li>Redeeming from BREIT and utilizing their liquidity provisions would allow investors to sell at prices higher than the year-end 2021 valuation, suggesting a potential opportunity for profit.</li><li>Taking advantage of this opportunity could be a wise move considering the potential risks associated with the real estate market.</li></ul>This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Key points (machine generated)The implied cap rate of less than 4% for "cats and dogs" in the real estate market seems unusually low, given the risks and uncertainties involved.Redeeming from BREIT and utilizing their liquidity provisions would allow investors to sell at prices higher than the year-end 2021 valuation, suggesting a potential opportunity for profit.Taking advantage of this opportunity could be a wise move considering the potential risks associated with the real estate market.This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Blackstone Real Estate Income Trust (BREIT ) - Wednesday, Oct 18, 2023

United States

Blackstone Real Estate Income Trust Inc (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.

Blackstone Real Estate Income (BREITII US)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Nexus Select Trust IPO Lockup Expiry - US$1.5bn Stake Comes Free. Will Likely Be a Coordinated Exit

Nexus Select Trust (NST IN) raised around US$391m in its India IPO in May 2023. The company's pre-IPO shareholders will be released from their...

Sumeet Singh

Blackstone Real Estate Income Trust (BREIT ) - Wednesday, Oct 18, 2023

The implied cap rate of less than 4% for "cats and dogs" in the real estate market seems unusually low, given the risks and uncertainties involved.

Value Investors Club (VIC)