Vanguard Group buys over 1.14 crore units of Nexus Select Trust for Rs 158 crore
Investment management firm Vanguard Group on Wednesday bought more than 1.14 crore units in REIT firm Nexus Select Trust for Rs 158 crore via open market transactions, while Morgan Stanley sold its stake in the company.
![Vanguard Group buys over 1.14 crore units of Nexus Select Trust for Rs 158 crore](https://cdn.zeebiz.com/sites/default/files/2024/08/14/311888-building-pexels.jpg?im=FitAndFill=(1200,900))
Nexus Select Trust is India's first real estate investment trust (REIT) backed by retail properties. Image: Representational Image From Pexels