Nisus Finance Adds $55 Million in Prime Dubai Real Estate Assets

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Nisus Finance Services Co Limited (BSE: NISUS | 544296 | INE0DQN01013), a leading investment management company, has purchased two premium residential properties in Dubai. The new properties are located in Jumeirah Village Circle (JVC) and Al Furjan, two highly popular neighborhoods known for modern living and convenience.

These new investments, worth USD 55 million, were made through the Nisus High Yield Growth Fund Closed-Ended IC, registered in Dubai International Financial Centre (DIFC). This purchase adds to the fund’s growing assets under management (AUM), strengthening its position in the real estate market.

Why Invest in Dubai?

Dubai’s real estate market is booming. In the third quarter of 2024, home sales increased by 25%, driven by a strong economy, rising tourism, and a growing international community. The city’s economy is also expected to grow by 4.6%, making it an attractive market for high returns and long-term value.

About Nisus High Yield Growth Fund

Launched in 2024, the Nisus High Yield Growth Fund focuses on investing in high-quality, income-generating properties across top locations in the GCC region. The fund is regulated and offers investment opportunities for both local and international investors through its base in DIFC and a feeder fund in GIFT City, India.

Strengthening Presence in Dubai

Nisus Finance is also expanding its reach by opening a new office in Dubai. This move allows the company to be closer to its market, take advantage of more investment opportunities, and build stronger connections with partners and clients.

Leaders Speak

Amit Anil Goenka, Chairman and Managing Director of Nisus Finance, said:
"We are excited to add these two premium properties to our portfolio. This investment helps us tap into Dubai’s growing real estate market and create value for our investors."

Amit Jhunjhunwala, Chief Investment Officer, added:
"This acquisition adds USD 55 million to our AUM, a big step forward for our fund. With Dubai’s booming market, we are well-positioned to achieve great returns."

Conclusion

Nisus Finance’s investment in Dubai shows its focus on growth and delivering value to investors. With a booming market and new opportunities, the company is set for long-term success.

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