Latest news with #NiFCO
Khaleej Times
11 hours ago
- Business
- Khaleej Times
Nisus Finance considers Dh669 million more investment in Dubai's real estate
Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in Dubai while it is currently actively evaluating investment to the tune of Dh669 million in new properties. The company is looking forward to a four-fold growth in its assets under management (AUM) that jumped 55 per cent to Rs15.72 billion ($183.85 million) in the financial year ending March 31, 2025, from Rs10.12 billion ($118.35 million) in FY2024. Around 29 per cent or Rs4.55 billion ($53.21 million) of the AUM came from its operations in the UAE. NiFCO has also engaged M/S Houlihan Lokey to raise global capital for the UAE and India funds, while it has sanctioned $68 million (Dh250 million) for investment in Dubai. It is in advanced discussions for a further $200 million (Dh730 million) credit limit to deploy in the UAE's high-growth real estate market that will fuel the sector's growth. In addition, NiFCO is in advance stage of discussions on the deployment of a further $200 million (Dh730 million) from two prominent global funds. These funds, once deployed, will increase the company's investment by $468 million (Dh1.71 billion) this year. In 2024, NIFCO Dubai invested a total of Dh183.35 million including Dh93.85 million in a project located at the Jumeirah Village Circle (JVC) while it invested a further Dh89.5 million in a property in Furjan Dubai. 'We have already invested Dh183 million in two residential properties in Dubai and are actively evaluating Dh669 million (Rs15.55 billion) in investments across residential and commercial projects in prime Dubai locations like JVC, Al Barsha, Sports City, and DIP. These strategic moves aim to unlock high-yield opportunities and fuel strong growth,' Amit Goenka, Chairman and Managing Director of Nisus Finance Group (NiFCO), says. 'We are currently looking at bigger and more lucrative opportunities in the UAE and the GCC where the opportunities are growing and we want our investor community to benefit from these opportunities.' Nisus Finance meanwhile, reported a 35.5 per cent year-on-year growth in profit after tax reaching Rs325.8 million ($3.81 million) in the financial year ending March 31, 2025, compared to Rs240.5 million ($2.81 million) recorded in FY2024, on Rs673 million ($7.87 million) revenue which jumped 65 per cent, compared to Rs430.4 million ($5.03 million) recorded in the previous year, due to strong growth in its UAE business carried out through its UAE subsidiary Nisus Finance Investment Consultancy FZCO (NiFCO Dubai). The company's total assets jumped to Rs1.79 billion ($20.93 million), up from Rs491 million ($5.74 million) in FY2024. The company reported a 42.3 per cent Return on Capital Employed (ROCE) while Return on Investment (ROI) reached a healthy 33.3 per cent in the last financial year when its Net Worth reached Rs1.61 billion – reflecting a robust performance. The company's Revenue-to-AUM ratio stood at 4.3 per cent while Earnings per Share (EPS) reached Rs16.31 and Net Asset Value per Share reached Rs67.31. Nisus Finance last year made some successful marquee exits. It had earlier invested in one of India's first self-redevelopment project in Mumbai. The project, managed by Trilogy Developers, merges two societies into a mixed-use development. Last year, it exited from the project with 21 per cent IRR while it also unlocked value with high-yield exit under its Real Estate Special Opportunities Fund (RESO) 1 from a wholly-owned subsidiary of Shapoorji Pallonji Real Estate at 18.74 per cent IRR. The company also divested from two projects in Bengaluru, achieving a 19 per cent IRR through its Real Estate Credit Opportunities Fund (RECOF) 1. NIFCO also exited from Plotted Development Project Treasure Hills by Treasure Group in Indore with 19 per cent IRR. 'Our FY25 performance reflects the strength of our core platform—lean, profitable, and execution-focused. With the IPO success, we are well-positioned to accelerate strategic growth in FY26 and beyond,' Amit Goenka says. 'Robust AUM growth, diversification of revenue base and strengthening of the India and UAE team, enhancing execution and delivery capabilities have been our key growth drivers, supported by targeted expenditure in marketing and brand building during the Initial Public Offering ((IPO) phase, supporting long-term brand equity and visibility have helped us to record such impressive growth.' In India, investments worth Rs10 billion are under evaluation across high-growth cities like Mumbai, Pune, Bengaluru and Indore covering both performing credit and special situations. The firm aims to drive strong returns and manage risk through strategic market selection and asset diversification. 'In the FY2026, our objective is to achieve Rs40 billion ($467.81 million) with total income ranging from Rs1.2 billion to Rs1.4 billion ($16.37 million) while we remain on target to become a global asset manager with $$1 billion AUM by 2028 through blue ocean strategies to drive multi-dimensional revenue streams by providing investment opportunities across capital stacks,' Amit Goenka says. Nisus leverages a decade of experience, utilising local market expertise and proprietary data to capitalise on emerging trends and consistently deliver superior risk-adjusted returns. NIFCO specialises in urban infrastructure financing and private capital market transactions. The company, along with its subsidiaries and associates, focuses on two main areas: Fund & Asset Management and Transaction Advisory Services. With over a decade of experience in India, Nisus manages Rs15.72 billion in assets for FY 2025, to deliver gross IRR of more than 19 per cent. The Company's RESO fund has been awarded an 'Excellent' rating by Care Edge Advisory, recognising its strong focus on diversified AIF funds and asset management. The company got listed on BSE SME platform on December 11, 2024.
Mid East Info
16 hours ago
- Business
- Mid East Info
Nisus Finance invests Dh183 million in two properties, considers Dh669 million more investment in Dubai's real estate
Nisus announces stellar growth with a 55 percent jump in Assets Under Management surpassing IN₹15.72 billion as revenue growing 56 per cent in financial year ending March 31, 2025 Nisus Finance Investment Consultancy FZCO NiFCO Dubai, a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in Dubai while it is currently actively evaluating investment to the tune of Dh669 million in new properties. The company is looking forward to a four-fold growth in its Assets Under Management AUM that jumped 55 percent to IN₹15.72 billion US$183.85 million in the financial year ending March 31, 2025, from IN₹10.12 billion US$118.35 million in FY2024. Around 29 percent or IN₹4.55 billion US$53.21 million of the AUM came from its operations in the UAE. NiFCO has also engaged M/S Houlihan Lokey to raise global capital for the UAE and India funds, while it has sanctioned US$68 million Dh250 million for investment in Dubai. It is in advanced discussions for a further US$200 million (Dh730 million) credit limit to deploy in the UAE's high-growth real estate market that will fuel the sector's growth. In addition, NiFCO is in advance stage of discussions on the deployment of a further US$200 million Dh730 million from two prominent global funds. These funds, once deployed, will increase the company's investment by US$468 million Dh1.71 billion this year. In 2024, NIFCO Dubai invested a total of Dh183.35 million including Dh93.85 million IN₹2.3 billion in a project located at the Jumeirah Village Circle (JVC) while it invested a further Dh89.5 million (IN₹2.15 billion) in a property in Furjan Dubai. 'We have already invested Dh183 million in two residential properties in Dubai and are actively evaluating Dh669 million (IN₹15.55 billion) in investments across residential and commercial projects in prime Dubai locations like JVC, Al Barsha, Sports City, and DIP. These strategic moves aim to unlock high-yield opportunities and fuel strong growth,' Amit Goenka, Chairman and Managing Director of Nisus Finance Group NiFCO, says. 'We are currently looking at bigger and more lucrative opportunities in the UAE and the GCC where the opportunities are growing and we want our investor community to benefit from these opportunities.' Nisus Finance meanwhile, reported a 35.5 per cent year-on-year growth in profit after tax reaching IN₹325.8 million (US$3.81 million) in the financial year ending March 31, 2025, compared to IN₹240.5 million (US$2.81 million) recorded in FY2024, on IN₹673 million (US$7.87 million) revenue which jumped 65 percent, compared to IN₹430.4 million (US$5.03 million) recorded in the previous year, due to strong growth in its UAE business carried out through its UAE subsidiary Nisus Finance Investment Consultancy FZCO (NiFCO Dubai). The company's total assets jumped to IN₹1.79 billion (US$20.93 million), up from IN₹491 million (US$5.74 million) in FY2024. The company reported a 42.3 percent Return on Capital Employed (ROCE) while Return on Investment (ROI) reached a healthy 33.3 percent in the last financial year when its Net Worth reached IN₹1.61 billion – reflecting a robust performance. The company's Revenue-to-AUM ratio stood at 4.3 percent while Earnings per Share (EPS) reached IN₹16.31 and Net Asset Value per Share reached IN₹67.31. Nisus Finance last year made some successful marquee exits. It had earlier invested in one of India's first self-redevelopment project in Mumbai. The project, managed by Trilogy Developers, merges two societies into a mixed-use development. Last year, it exited from the project with 21 percent IRR while it also unlocked value with high-yield exit under its Real Estate Special Opportunities Fund (RESO) 1 from a wholly-owned subsidiary of Shapoorji Pallonji Real Estate at 18.74 percent IRR. The company also divested from two projects in Bengaluru, achieving a 19 percent IRR through its Real Estate Credit Opportunities Fund (RECOF) 1. NIFCO also exited from Plotted Development Project Treasure Hills by Treasure Group in Indore with 19 percent IRR. 'Our FY25 performance reflects the strength of our core platform—lean, profitable, and execution-focused. With the IPO success, we are well-positioned to accelerate strategic growth in FY26 and beyond,' Amit Goenka says. 'Robust AUM growth, diversification of revenue base and strengthening of the India and UAE team, enhancing execution and delivery capabilities have been our key growth drivers, supported by targeted expenditure in marketing and brand building during the Initial Public Offering IPO phase, supporting long-term brand equity and visibility have helped us to record such impressive growth.' In India, investments worth IN₹10 billion are under evaluation across high-growth cities like Mumbai, Pune, Bengaluru and Indore covering both performing credit and special situations. The firm aims to drive strong returns and manage risk through strategic market selection and asset diversification. 'In the FY2026, our objective is to achieve IN₹40 billion (US$467.81 million) with total income ranging from IN₹1.2 billion to IN₹1.4 billion (US$16.37 million) while we remain on target to become a global asset manager with US$$1 billion AUM by 2028 through blue ocean strategies to drive multi-dimensional revenue streams by providing investment opportunities across capital stacks,' Amit Goenka says. Nisus leverages a decade of experience, utilising local market expertise and proprietary data to capitalise on emerging trends and consistently deliver superior risk-adjusted returns. NIFCO specialises in urban infrastructure financing and private capital market transactions. The company, along with its subsidiaries and associates, focuses on two main areas: Fund & Asset Management and Transaction Advisory Services. With over a decade of experience in India, Nisus manages IN₹15.72 billion in assets for FY 2025, to deliver gross IRR of more than 19 percent. The Company's RESO fund has been awarded an 'Excellent' rating by Care Edge Advisory, recognising its strong focus on diversified AIF funds and asset management. The company got listed on BSE SME platform on December 11, 2024. About Nisus Finance: Nisus Finance Services Co. Ltd. (NiFCO) is a leading, publicly listed real estate investment firm headquartered in India, with a proven track record of delivering high-yield, performance-driven assets across the country. In line with its global expansion strategy, NiFCO has extended its investor outreach across Southeast Asia, Europe, and the Middle East, bringing its deep sector expertise and innovative financial solutions to the UAE and broader GCC region. As part of this regional growth, NiFCO has launched the 'Nisus High Yield Growth Fund Closed Ended IC' ('Fund'), a DIFC-registered Property Fund and Qualified Investor Fund, incorporated under the laws of the Dubai International Financial Centre (DIFC). The Fund is an incorporated cell of Gateway ICC Limited and is advised by Nisus Finance Investment Consultancy FZCO ('NiFCO Dubai'), located in Dubai, UAE. Gateway Investment Management Services (DIFC) Limited has been appointed as the Fund Manager.
Zawya
18 hours ago
- Business
- Zawya
Nisus Finance invests AED183mln in two properties, considers AED669mln more investment in Dubai's real estate
Dubai, UAE: Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in Dubai while it is currently actively evaluating investment to the tune of Dh669 million in new properties. The company is looking forward to a four-fold growth in its Assets Under Management (AUM) that jumped 55 percent to IN₹15.72 billion (US$183.85 million) in the financial year ending March 31, 2025, from IN₹10.12 billion (US$118.35 million) in FY2024. Around 29 percent or IN₹4.55 billion (US$53.21 million) of the AUM came from its operations in the UAE. NiFCO has also engaged M/S Houlihan Lokey to raise global capital for the UAE and India funds, while it has sanctioned US$68 million (Dh250 million) for investment in Dubai. It is in advanced discussions for a further US$200 million (Dh730 million) credit limit to deploy in the UAE's high-growth real estate market that will fuel the sector's growth. In addition, NiFCO is in advance stage of discussions on the deployment of a further US$200 million (Dh730 million) from two prominent global funds. These funds, once deployed, will increase the company's investment by US$468 million (Dh1.71 billion) this year. In 2024, NIFCO Dubai invested a total of Dh183.35 million including Dh93.85 million (IN₹2.3 billion) in a project located at the Jumeirah Village Circle (JVC) while it invested a further Dh89.5 million (IN₹2.15 billion) in a property in Furjan Dubai. 'We have already invested Dh183 million in two residential properties in Dubai and are actively evaluating Dh669 million (IN₹15.55 billion) in investments across residential and commercial projects in prime Dubai locations like JVC, Al Barsha, Sports City, and DIP. These strategic moves aim to unlock high-yield opportunities and fuel strong growth,' Amit Goenka, Chairman and Managing Director of Nisus Finance Group (NiFCO), says. 'We are currently looking at bigger and more lucrative opportunities in the UAE and the GCC where the opportunities are growing and we want our investor community to benefit from these opportunities.' Nisus Finance meanwhile, reported a 35.5 per cent year-on-year growth in profit after tax reaching IN₹325.8 million (US$3.81 million) in the financial year ending March 31, 2025, compared to IN₹240.5 million (US$2.81 million) recorded in FY2024, on IN₹673 million (US$7.87 million) revenue which jumped 65 percent, compared to IN₹430.4 million (US$5.03 million) recorded in the previous year, due to strong growth in its UAE business carried out through its UAE subsidiary Nisus Finance Investment Consultancy FZCO (NiFCO Dubai). The company's total assets jumped to IN₹1.79 billion (US$20.93 million), up from IN₹491 million (US$5.74 million) in FY2024. The company reported a 42.3 percent Return on Capital Employed (ROCE) while Return on Investment (ROI) reached a healthy 33.3 percent in the last financial year when its Net Worth reached IN₹1.61 billion – reflecting a robust performance. The company's Revenue-to-AUM ratio stood at 4.3 percent while Earnings per Share (EPS) reached IN₹16.31 and Net Asset Value per Share reached IN₹67.31. Nisus Finance last year made some successful marquee exits. It had earlier invested in one of India's first self-redevelopment project in Mumbai. The project, managed by Trilogy Developers, merges two societies into a mixed-use development. Last year, it exited from the project with 21 percent IRR while it also unlocked value with high-yield exit under its Real Estate Special Opportunities Fund (RESO) 1 from a wholly-owned subsidiary of Shapoorji Pallonji Real Estate at 18.74 percent IRR. The company also divested from two projects in Bengaluru, achieving a 19 percent IRR through its Real Estate Credit Opportunities Fund (RECOF) 1. NIFCO also exited from Plotted Development Project Treasure Hills by Treasure Group in Indore with 19 percent IRR. 'Our FY25 performance reflects the strength of our core platform—lean, profitable, and execution-focused. With the IPO success, we are well-positioned to accelerate strategic growth in FY26 and beyond,' Amit Goenka says. 'Robust AUM growth, diversification of revenue base and strengthening of the India and UAE team, enhancing execution and delivery capabilities have been our key growth drivers, supported by targeted expenditure in marketing and brand building during the Initial Public Offering ((IPO) phase, supporting long-term brand equity and visibility have helped us to record such impressive growth.' In India, investments worth IN₹10 billion are under evaluation across high-growth cities like Mumbai, Pune, Bengaluru and Indore covering both performing credit and special situations. The firm aims to drive strong returns and manage risk through strategic market selection and asset diversification. 'In the FY2026, our objective is to achieve IN₹40 billion (US$467.81 million) with total income ranging from IN₹1.2 billion to IN₹1.4 billion (US$16.37 million) while we remain on target to become a global asset manager with US$$1 billion AUM by 2028 through blue ocean strategies to drive multi-dimensional revenue streams by providing investment opportunities across capital stacks,' Amit Goenka says. Nisus leverages a decade of experience, utilising local market expertise and proprietary data to capitalise on emerging trends and consistently deliver superior risk-adjusted returns. NIFCO specialises in urban infrastructure financing and private capital market transactions. The company, along with its subsidiaries and associates, focuses on two main areas: Fund & Asset Management and Transaction Advisory Services. With over a decade of experience in India, Nisus manages IN₹15.72 billion in assets for FY 2025, to deliver gross IRR of more than 19 percent. The Company's RESO fund has been awarded an 'Excellent' rating by Care Edge Advisory, recognising its strong focus on diversified AIF funds and asset management. The company got listed on BSE SME platform on December 11, 2024. About Nisus Finance Nisus Finance Services Co. Ltd. (NiFCO) is a leading, publicly listed real estate investment firm headquartered in India, with a proven track record of delivering high-yield, performance-driven assets across the country. In line with its global expansion strategy, NiFCO has extended its investor outreach across Southeast Asia, Europe, and the Middle East, bringing its deep sector expertise and innovative financial solutions to the UAE and broader GCC region. As part of this regional growth, NiFCO has launched the 'Nisus High Yield Growth Fund Closed Ended IC' ('Fund'), a DIFC-registered Property Fund and Qualified Investor Fund, incorporated under the laws of the Dubai International Financial Centre (DIFC). The Fund is an incorporated cell of Gateway ICC Limited and is advised by Nisus Finance Investment Consultancy FZCO ('NiFCO Dubai'), located in Dubai, UAE. Gateway Investment Management Services (DIFC) Limited has been appointed as the Fund Manager. For more information, visit Please tag Nisus Finance when sharing this information on your social media accounts. Instagram: Facebook: Nisus Finance, Amit Goenka LinkedIn: Nisus Finance Services Co. Ltd., Amit Goenka Twitter: NisusFinance
Khaleej Times
28-02-2025
- Business
- Khaleej Times
Nisus Finance expands global investor reach for DIFC Property Fund
Nisus Finance Services Co Ltd. (NiFCO), a leading real estate investment firm headquartered in India that went public in December 2024, has expanded its investor outreach to Southeast Asia, Europe, and the Middle East for its Gulf-focused real estate fund. NiFCO recently launched the 'Nisus High Yield Growth Fund Closed Ended IC, incorporated under the laws of the Dubai International Financial Centre registered as a Property Fund and as a Qualified Investor Fund. The Fund is an incorporated cell of Gateway ICC Limited and is advised by Nisus Finance Investment Consultancy FZCO located in Dubai. The Fund has appointed Gateway Investment Management Services (DIFC) Limited, to act as its fund manager. The fund is committed to driving growth and delivering exceptional returns to investors in an increasingly dynamic global market. The Fund is a Private Fund which can only be promoted to Qualified Investors (as defined by the DFSA) in the UAE by means of private placement. Dubai's real estate market has seen record-breaking growth, with 180,900 transactions worth Dh522.1 billion in 2024—a 36% increase from the previous year. The influx of high-net-worth individuals, including 6,700 millionaires relocating to Dubai in 2024, has further bolstered demand for luxury properties, making the region a prime target for institutional investment. Launched in August 2024, the fund has already raised significant commitments, reflecting strong investor confidence. Of this, $55 million has been deployed into two high-potential fully leased high yielding residential developments in Dubai — Jumeirah Village Circle (JVC) and Al Furjan. NiFCO has strategically structured its capital deployment, utilizing $30 million in equity and securing $25 million in bank loans to fund these pioneering projects. To enhance governance and drive strategic growth, Nisus Finance has appointed a distinguished advisory board comprising esteemed leaders with global expertise. This includes Mr. Marwan Al Sarkal, a board director of leading UAE corporations and recognized among the World's Most Powerful Arabs; Dr. Tariq Hajiri, a seasoned legal and commercial expert who has held senior positions such as Senior Vice President for Legal Affairs at DIFC and Director of Legal Policy at the Dubai Economic Council, alongside roles in the UAE, France, USA, and Canada; H.E. Udaya Indrarathna, former Ambassador of Sri Lanka to the UAE and Iraq, honoured as the Pride of UAE; and Dr. Vivek Anand Oberoi, a global entrepreneur, philanthropist, and award-winning Bollywood actor, who serves as Founder and Director of multinational corporations and an advisor to various government bodies. Amit Goenka, Founder, Managing Director and CEO of Nisus Finance Group (NiFCO), stated: 'The participation of such stalwarts on our Advisory Board as independent members underscores our focus on excellence, integrity, and commitment to superlative outcomes. The UAE's real estate market presents significant investment opportunities due to its rapid growth, favorable regulations, and increasing demand for high-quality residential, commercial and hospitality developments. Our fund's initial success in raising nearly $100 million demonstrates investor confidence in our expertise and strategic vision. We are committed to delivering robust returns while contributing to the region's dynamic real estate landscape.' NiFCO Dubai, through its advisory arm Nisus Finance Investment Consultancy FZCO, UAE, is leading the execution and management of the DIFC Fund. This strategic expansion into the UAE aligns with NiFCO's broader international growth strategy, focusing on high-growth real estate markets with strong investor demand. Amit Kumar Jhunjhunwala, Chief Investment Officer at Nisus Finance, commented: 'Nisus Finance brings its decade strong risk mitigated high yield growth track record to Dubai's real estate sector which continues to attract global capital. Our investment approach prioritizes risk-adjusted returns, strong asset management for capital protection and high alpha. Our successful capital deployment of nearly AED 200 mn in JVC and Al Furjan, through a strong regulated fund framework built on our foundations of transparency, governance, and investor delight, underscores our confidence in Dubai's long-term growth potential as an institutional global investment hub.' The fund aims to raise an additional $500 million in debt, expanding its total size to $1 billion, with a target gross internal rate of return (IRR) of 18-20%. NiFCO anticipates reaching $250 million in capital commitments by Q2 2025, further solidifying its position as a key institutional investor in the GCC real estate market. Nisus Finance Services Co Ltd., founded by Amit Goenka and Mridula Amit Goenka, specializes in real estate financing and capital markets, with over a decade of experience. Operating under the NiFCO brand, the company provides Transaction Advisory Services, Fund Management, and Asset Management. NiFCO's network includes subsidiaries and associates such as Nisus BCD Advisors LLP and Dalmia Nisus Finance Investment Managers LLP, managing real estate and urban infrastructure funds. Nisus Fincorp Private Limited operates as a Non-Banking Finance Company (NBFC). As of FY 2024, NiFCO manages assets worth approximately Rs10 billion.
Zawya
20-02-2025
- Business
- Zawya
Nisus Finance expands global investor reach for DIFC Property Fund
Nisus Finance positions itself as a transformative force in real estate investment, channelling significant capital into high-potential locations of Dubai, appoints an illustrious advisory Board to accelerate governance and growth Dubai, UAE – Nisus Finance Services Co Ltd. (NiFCO), a leading real estate investment firm headquartered in India that went public in December 2024, has expanded its investor outreach to Southeast Asia, Europe, and the Middle East for its Gulf-focused real estate fund. NiFCO recently launched the 'Nisus High Yield Growth Fund Closed Ended IC', ('Fund') incorporated under the laws of the Dubai International Financial Centre ('DIFC') registered as a Property Fund and as a Qualified Investor Fund. The Fund is an incorporated cell of Gateway ICC Limited and is advised by Nisus Finance Investment Consultancy FZCO ('NiFCO Dubai') located in Dubai, U.A.E. The Fund has appointed Gateway Investment Management Services (DIFC) Limited, to act as its fund manager. The fund is committed to driving growth and delivering exceptional returns to investors in an increasingly dynamic global market. The Fund is a Private Fund which can only be promoted to Qualified Investors (as defined by the DFSA) in the UAE by means of private placement. Launched in August 2024, the fund has already raised significant commitments, reflecting strong investor confidence. Of this, $55 million has been deployed into two high-potential fully leased high yielding residential developments in Dubai—Jumeirah Village Circle (JVC) and Al Furjan. NiFCO has strategically structured its capital deployment, utilizing $30 million in equity and securing $25 million in bank loans to fund these pioneering projects. To enhance governance and drive strategic growth, Nisus Finance has appointed a distinguished advisory board comprising esteemed leaders with global expertise. This includes Mr. Marwan Al Sarkal, a board director of leading UAE corporations and recognized among the World's Most Powerful Arabs; Dr. Tariq Hajiri, a seasoned legal and commercial expert who has held senior positions such as Senior Vice President for Legal Affairs at DIFC and Director of Legal Policy at the Dubai Economic Council, alongside roles in the UAE, France, USA, and Canada; H.E. Udaya Indrarathna, former Ambassador of Sri Lanka to the UAE and Iraq, honoured as the Pride of UAE; and Dr. Vivek Anand Oberoi, a global entrepreneur, philanthropist, and award-winning Bollywood actor, who serves as Founder and Director of multinational corporations and an advisor to various government bodies. Amit Goenka, Founder, Managing Director and CEO of Nisus Finance Group (NiFCO), stated: 'The participation of such stalwarts on our Advisory Board as independent members underscores our focus on excellence, integrity, and commitment to superlative outcomes. The UAE's real estate market presents significant investment opportunities due to its rapid growth, favorable regulations, and increasing demand for high-quality residential, commercial and hospitality developments. Our fund's initial success in raising nearly $100 million demonstrates investor confidence in our expertise and strategic vision. We are committed to delivering robust returns while contributing to the region's dynamic real estate landscape.' NiFCO Dubai, through its advisory arm Nisus Finance Investment Consultancy FZCO, UAE, is leading the execution and management of the DIFC Fund. This strategic expansion into the UAE aligns with NiFCO's broader international growth strategy, focusing on high-growth real estate markets with strong investor demand. Amit Kumar Jhunjhunwala, Chief Investment Officer at Nisus Finance, commented: 'Nisus Finance brings its decade strong risk mitigated high yield growth track record to Dubai's real estate sector which continues to attract global capital. Our investment approach prioritizes risk-adjusted returns, strong asset management for capital protection and high alpha. Our successful capital deployment of nearly AED 200 mn in JVC and Al Furjan, through a strong regulated fund framework built on our foundations of transparency, governance, and investor delight, underscores our confidence in Dubai's long-term growth potential as an institutional global investment hub.' The fund aims to raise an additional $500 million in debt, expanding its total size to $1 billion, with a target gross internal rate of return (IRR) of 18-20%. NiFCO anticipates reaching $250 million in capital commitments by Q2 2025, further solidifying its position as a key institutional investor in the GCC real estate market. Dubai's real estate market has seen record-breaking growth, with 180,900 transactions worth Dh522.1 billion in 2024—a 36% increase from the previous year. The influx of high-net-worth individuals, including 6,700 millionaires relocating to Dubai in 2024, has further bolstered demand for luxury properties, making the region a prime target for institutional investment. Source: WAM - Emirates News Agency. Nisus Finance Services Co Ltd., founded by Amit Goenka and Mridula Amit Goenka, specializes in real estate financing and capital markets, with over a decade of experience. Operating under the NiFCO brand, the company provides Transaction Advisory Services, Fund Management, and Asset Management. NiFCO's network includes subsidiaries and associates such as Nisus BCD Advisors LLP and Dalmia Nisus Finance Investment Managers LLP, managing real estate and urban infrastructure funds. Nisus Fincorp Private Limited operates as a Non-Banking Finance Company (NBFC). As of FY 2024, NiFCO manages assets worth approximately INR 1,000 crore. -Ends- About Nisus Finance: Nisus Finance Services Co. is a reputed financial services provider headquartered in India that specializes in real estate investments. With a robust track record of high-performance assets across India, Nisus Finance is expanding its footprint to the GCC, bringing its expertise and innovative financial solutions to the real estate markets of the UAE and beyond. For more information, visit . For more information or any media queries, please contact: Tanu Chopra Hope Founderz tanu@
