Nexus Select Trust completed the acquisition of MBD Neopolis and Radisson Blu Hotel MBD in Ludhiana from AKM Enterprises for INR4.9bn.

Nexus Select Trust, an Indian publicly listed retail Real Estate Investment Trust (REIT), completed the acquisition of MBD Neopolis and Radisson Blu Hotel MBD in Ludhiana from AKM Enterprises, a part of the MBD Group, for INR4.9bn.