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Dubai's JVC gets Dh150m boost from Nisus Finance and BNW Partnership
Dubai's JVC gets Dh150m boost from Nisus Finance and BNW Partnership

Gulf Business

time2 days ago

  • Business
  • Gulf Business

Dubai's JVC gets Dh150m boost from Nisus Finance and BNW Partnership

Image credit: Supplied photo Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a wholly owned subsidiary of This collaboration is poised to redefine the real estate experience in Dubai, offering enhanced opportunities for both investors and end-users. By combining Nisus Finance's expertise in capital deployment with BNW's robust market presence and project management capabilities, the partnership aims to set new standards in property development and sales. In line with this partnership, NiFCO Dubai recently launched the Nisus High Yield Growth Fund Closed-Ended IC, a Dubai International Financial Centre (DIFC) registered property fund. Incorporated under the laws of the DIFC and managed by Gateway Investment Management Services (DIFC) Limited, the fund serves as a vehicle for strategic real estate investment. Through its DIFC special purpose vehicle, NiFCO Holding 02 Ltd, the fund acquired Esplora, a premium residential building located in District 18 of Jumeirah Village Circle (JVC). Esplora is a 120,000 square foot development comprising 143 residential apartments and three retail units spread over G+3P+16 floors. The residential mix includes 48 studios, 63 one-bedroom apartments, and 32 two-bedroom apartments, designed to cater to a diverse range of residents. The building combines modern design with practical amenities, providing a high-quality living environment in a sought-after Dubai community. New joint venture to drive development, marketing and sales To maximise the potential of the acquired asset, BNW Developments and NiFCO Holding 02 Ltd have established a new company, BNW NiFCO Buying and Selling Real Estate LLC. This joint venture will oversee the development, marketing, and sales of the Esplora building, blending NiFCO's disciplined capital management with BNW's on-the-ground market expertise. Unlike traditional models where a developer simply sells off-plan projects, BNW plans to embed its core values into Esplora and future projects, ensuring elevated living standards and a seamless buyer experience. The partnership's combined strengths aim to accelerate sales velocity and deliver higher returns, benefiting both investors and homeowners. This approach promises to enhance the overall quality and readiness of homes available in the mid-income segment of Dubai's housing market. Consumer-first model for ready, quality homes in Dubai This partnership introduces a consumer-focused model designed to meet the growing demand for move-in-ready homes that offer immediate value and quality of life, particularly targeting middle-income families. The initiative moves away from the traditional off-plan property market, which is often marred by delays and uncertainties, to focus on completed, well-maintained residential assets. With additional assets worth approximately $200m currently under review for acquisition, Nisus Finance and BNW Developments plan to scale this model across Dubai and the broader UAE. This effort supports a larger real estate vision valued at around $1bn. By addressing the industry's challenge where only 45 per cent of projects are completed on time, the partnership ensures timely delivery, transparency, and robust secondary market activity. Amit Goenka, chairman and managing director of Nisus Finance Group, noted that the collaboration is 'creating an important roadmap to accelerate growth in the real estate sector by infusing capital, easing pressures on developers, and enabling faster sales and marketing.' Meanwhile, Ankur Aggarwal, founder and chairman of BNW Developments, praised the partnership's ability to 'drive strong uptake of projects' and looks forward to expanding the model in future developments. The collaboration notably enhances access to high-quality housing for mid-income families and provides investors with stable, income-generating properties that are ready to occupy. Combining institutional governance with local expertise, this partnership sets a new benchmark for trust, transparency, and impact-driven real estate development in the UAE.

BSE SME stock Nisus Finance jumps after Q1 results 2025. Check details
BSE SME stock Nisus Finance jumps after Q1 results 2025. Check details

Mint

time2 days ago

  • Business
  • Mint

BSE SME stock Nisus Finance jumps after Q1 results 2025. Check details

Shares of BSE SME-listed Nisus Finance Services Co. Ltd (NiFCO) gained nearly 2 percent on Thursday, August 14, hitting an intraday high of ₹ 384 after the company reported strong financial results for the quarter ended June 2025 (Q1FY26). The performance reflected sharp year-on-year growth across revenue, profit, and margins, reinforcing investor confidence in the company's strategic direction. The stock has risen 8 percent so far in August after an almost 27 percent rise in July. Before that, it was in the red for 5 straight months between February and June. It shed 14.5 percent in June, 5.75 percent in May, 3.11 percent in April, 14 percent in March, and 11.6 percent in February. Meanwhile, in January, it was flat, up 0.6 percent. In Q1FY26, Nisus Finance posted a net profit of ₹ 16.85 crore, up 103.55 percent year-on-year, while total income surged 91.49 percent to ₹ 28.72 crore. EBITDA rose 83.19 percent to ₹ 21.69 crore, with the net profit margin improving by 348 basis points to 58.68 percent. The company attributed this growth to higher business volumes across both India and UAE markets, coupled with efficient cost management. During the quarter, NiFCO strengthened its first-mover advantage as India's first listed AIF manager, enhancing governance standards and market access. The RESO-1 fund continued to focus on special situations in the real estate sector, particularly complex self-redevelopment projects delivering 21 percent returns. Leveraging its GIFT City structure—among the first licensed for Overseas Portfolio Investment—the company offered Indian investors compliant access to global opportunities. Additionally, its Dubai entity remains the only Indian-promoted fund to secure global lender leverage. NiFCO also advanced its asset tokenization initiatives through a partnership with Toyow, opening up new liquidity channels and expanding institutional investment reach. The company deployed ₹ 24 crore towards fund setup and fundraising expenses, to be amortized over the fund's life. Increased UAE income also lowered the effective tax rate, boosting PAT margin to 59 percent. Amit Goenka, Chairman & Managing Director, said this was the company's strongest first quarter ever, with revenue and profitability seeing substantial year-on-year gains. He highlighted balanced growth between fund management and advisory businesses, alongside strategic investments in urban redevelopment, plans to acquire a leading construction platform, and global partnerships in asset tokenization. 'This has been our strongest first quarter ever, with revenue growing over 91 percent year on year and profitability more than doubling. We have seen strong momentum in both India and the UAE with a good balance between our fund management and advisory businesses. Our operating costs have stayed in line with our expansion plans, which has allowed us to scale efficiently,' Goenka said. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Nisus joins BNW to acquire prime Jumeirah residential project
Nisus joins BNW to acquire prime Jumeirah residential project

Zawya

time3 days ago

  • Business
  • Zawya

Nisus joins BNW to acquire prime Jumeirah residential project

UAE - Nisus Finance Investment Consultancy (NiFCO Dubai) has sealed a strategic partnership with UAE group BNW Developments to acquire a premium residential building in Jumeirah Village Circle (JVC), featuring 143 residential apartments as well as three retail units. A fully owned subsidiary of Nisus Finance Services, NiFCO Dubai has launched a key property fund, Nisus High Yield Growth Fund Closed-Ended IC, which is registered by Dubai International Financial Centre (DIFC). The fund is incorporated under the laws of the DIFC, and an incorporated cell of Gateway ICC Limited with the Gateway Investment Management Services (DIFC) Limited as the Fund Manager. The Fund through a DIFC special purpose vehicle – NiFCO Holding 02 Ltd – has acquired a premium residential building in District 18 of Jumeirah Village Circle (JVC). Spanning over a 120,000 sq ft area, the key development comprising 143 residential apartments and three retail units. This building, called Esplora, is spread over G+3P+16 floors and has well-appointed 48 studios, 63 one-bedroom apartments and 32 two-bedroom apartments as well as three retail units. As part of the partnership, BNW Developments and NiFCO Holding 02 Ltd have incorporated a new entity called BNW NiFCO Buying and Selling Real Estate that will handle the development, marketing and sale of the residential tower at JVC, recently acquired by NiFCO Dubai. As per the agreement, the asset will now be professionally marketed and sold by BNW Developments, bringing together regulated capital discipline and on-ground market expertise. This partnership marks a new consumer-first collaboration model in the UAE's real estate landscape - focused on governance-backed, move-in-ready homes that offer immediate value and quality lifestyle to middle-income families. As Dubai's real estate market matures further, this partnership aims to move beyond the off-plan status quo, focusing on ready-to-use, well-maintained homes tailored for the mid-income segment. With additional assets in the pipeline, this model is set to scale and support a broader $1 billion real estate vision. "This new partnership creates an important roadmap to accelerate growth in the real estate sector — by infusing capital into the industry, easing pressure on developers to focus on development and delivery," said Amit Goenka, the Chairman and Managing Director of Nisus Finance Group (NiFCO). Nisus Finance is currently evaluating $200 million worth of additional assets for acquisition and resale in the market. The firm is also investing additional capital to enhance the built environment, upgrading common areas with modern aesthetics and improved amenities - comparable to the latest off-plan assets. "It also enables sales and marketing leaders such as BNW Developments to move ready inventory swiftly to buyers and investors. In turn, this will boost the pace of activity and support broader economic growth," he noted. The partnership combines NiFCO Dubai's expertise in deploying capital to spearhead project development and sale with BNW Developments' proven expertise in project management, development, marketing and sales – creating a combined strength that is able to deliver higher and faster yields that will lead the property development and management in the UAE. On its part, BNW said it is not just going to acquire the building and white label it, but will embed its essence into this project and future projects elevating the overall living experience. "We are pleased to partner with Nisus Finance, which is supporting the real estate sector with fresh capital to ensure growth. Our expertise in marketing and sales will drive strong uptake of these projects," stated Ankur Aggarwal, the Founder and Chairman of BNW Developments. "In many ways, this redefines how the industry operates. We help fuel growth by deploying private capital, supporting key stakeholders - developers, contractors, brokers, buyers, and investors. As a finance company, we're deploying international capital into the UAE real estate sector to help it scale faster," he added. Vivek Anand Oberoi, Managing Director and Co-Founder of BNW Developments, said the company has developed innovative ideas in development partnership, finance and investment into UAE's real estate market that are changing the overall real estate financing business and accelerating the pace of developments." "We are very excited about our partnership with NiFCO Dubai which is bringing liquidity in the market to fuel the growth in real estate. The synergy between BNW Developments and NiFCO Dubai will help attract greater international capital into real estate in the years to come," he added.

Nisus Finance and BNW partner on Dh150 million ready-to-occupy residential project in JVC
Nisus Finance and BNW partner on Dh150 million ready-to-occupy residential project in JVC

Khaleej Times

time4 days ago

  • Business
  • Khaleej Times

Nisus Finance and BNW partner on Dh150 million ready-to-occupy residential project in JVC

Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully owned subsidiary of Nisus Finance Services Co Limited (NiFCO), announced a strategic partnership with the UAE's leading developer BNW Developments that is set to redefine the real estate experience for end-users and investors alike. NiFCO Dubai has launched the Nisus High Yield Growth Fund Closed-Ended IC, a Dubai International Financial Centre (DIFC) registered property fund, incorporated under the laws of the DIFC, and an incorporated cell of Gateway ICC Limited with the Gateway Investment Management Services (DIFC) Limited as the Fund Manager. The Fund through a DIFC special purpose vehicle – NiFCO Holding 02 Ltd – acquired a premium residential building in District 18 of Jumeirah Village Circle (JVC), measuring approximately 120,000 square feet and comprising 143 residential apartments and 3 retail units. This building, called Esplora, is spread over G+3P+16 floors and has well-appointed 48 studios, 63 one-bedroom apartments and 32 two-bedroom apartments as well as three retail units. As part of the partnership, BNW Developments and NiFCO Holding 02 Ltd have incorporated a new entity called BNW NiFCO Buying and Selling Real Estate LLC that will handle the development, marketing and sale of the residential tower at JVC, recently acquired by NiFCO Dubai. As per the agreement, the asset will now be professionally marketed and sold by BNW Developments, bringing together regulated capital discipline and on-ground market expertise. The partnership combines NiFCO Dubai's expertise in deploying capital to spearhead project development and sale with BNW Developments' proven expertise in project management, development, marketing and sales – creating a combined strength that is able to deliver higher and faster yields that will lead the property development and management in the UAE. On its part, BNW is not just going to acquire the building and white label it, but BNW will embed its essence into this project and future projects elevating the overall living experience. The partnership marks a new consumer-first collaboration model in the UAE's real estate landscape — focused on governance-backed, move-in-ready homes that offer immediate value and quality lifestyle to middle-income families. As Dubai's real estate market matures further, this partnership aims to move beyond the off-plan status quo, focusing on ready-to-use, well-maintained homes tailored for the mid-income segment. With additional assets in the pipeline, this model is set to scale and support a broader $1 billion real estate vision. 'This new partnership creates an important roadmap to accelerate growth in the real estate sector — by infusing capital into the industry, easing pressure on developers to focus on development and delivery. It also enables sales and marketing leaders such as BNW Developments to move ready inventory swiftly to buyers and investors. In turn, this will boost the pace of activity and support broader economic growth,' said Amit Goenka, Chairman and Managing Director of Nisus Finance Group (NiFCO). Ankur Aggarwal, Founder and Chairman of BNW Developments, added, 'We are pleased to partner with Nisus Finance, which is supporting the real estate sector with fresh capital to ensure growth. Our expertise in marketing and sales will drive strong uptake of these projects. Nisus Finance is currently evaluating $200 million (Dh730 million) worth of additional assets for acquisition and resale in the market. The firm is also investing additional capital to enhance the built environment, upgrading common areas with modern aesthetics and improved amenities—comparable to the latest off-plan assets. This partnership also ensures timely project completion — at a time when only 45 percent of projects are delivered on time, and 55 percent face delays due to funding or other constraints. Secondary sales offered by NiFCO will also help meet the underserved demand while delivering uplifted value. Vivek Anand Oberoi, Managing Director and Co-Founder of BNW Developments, said, 'BNW Developments has developed innovative ideas in development partnership, finance and investment into UAE's real estate market that are changing the overall real estate financing business and accelerating the pace of developments.

Nisus Finance and BNW Developments partner on Dh150mln ready-to-occupy residential project in JVC
Nisus Finance and BNW Developments partner on Dh150mln ready-to-occupy residential project in JVC

Zawya

time5 days ago

  • Business
  • Zawya

Nisus Finance and BNW Developments partner on Dh150mln ready-to-occupy residential project in JVC

Dubai, UAE: Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a fully owned subsidiary of Nisus Finance Services Co Limited (NiFCO), announced a strategic partnership with the UAE's leading developer BNW Developments that is set to redefine the real estate experience for end-users and investors alike. NiFCO Dubai has launched the Nisus High Yield Growth Fund Closed-Ended IC, a Dubai International Financial Centre (DIFC) registered property fund, incorporated under the laws of the DIFC, and an incorporated cell of Gateway ICC Limited with the Gateway Investment Management Services (DIFC) Limited as the Fund Manager. The Fund through a DIFC special purpose vehicle – NiFCO Holding 02 Ltd – acquired a premium residential building in District 18 of Jumeirah Village Circle (JVC), measuring approximately 120,000 square feet and comprising 143 residential apartments and 3 retail units. This building, called Esplora, is spread over G+3P+16 floors and has well-appointed 48 studios, 63 one-bedroom apartments and 32 two-bedroom apartments as well as three retail units. As part of the partnership, BNW Developments and NiFCO Holding 02 Ltd have incorporated a new entity called BNW NiFCO Buying and Selling Real Estate LLC that will handle the development, marketing and sale of the residential tower at JVC, recently acquired by NiFCO Dubai. As per the agreement, the asset will now be professionally marketed and sold by BNW Developments, bringing together regulated capital discipline and on-ground market expertise. The partnership combines NiFCO Dubai's expertise in deploying capital to spearhead project development and sale with BNW Developments' proven expertise in project management, development, marketing and sales – creating a combined strength that is able to deliver higher and faster yields that will lead the property development and management in the UAE. On its part, BNW is not just going to acquire the building and white label it, but BNW will embed its essence into this project and future projects elevating the overall living experience. The partnership marks a new consumer-first collaboration model in the UAE's real estate landscape focused on governance-backed, move-in-ready homes that offer immediate value and quality lifestyle to middle-income families. As Dubai's real estate market matures further, this partnership aims to move beyond the off-plan status quo, focusing on ready-to-use, well-maintained homes tailored for the mid-income segment. With additional assets in the pipeline, this model is set to scale and support a broader US$1 billion real estate vision. 'This new partnership creates an important roadmap to accelerate growth in the real estate sector by infusing capital into the industry, easing pressure on developers to focus on development and delivery. It also enables sales and marketing leaders such as BNW Developments to move ready inventory swiftly to buyers and investors. In turn, this will boost the pace of activity and support broader economic growth,' said Amit Goenka, Chairman and Managing Director of Nisus Finance Group (NiFCO). 'In many ways, this redefines how the industry operates. We help fuel growth by deploying private capital, supporting key stakeholders — developers, contractors, brokers, buyers, and investors. As a finance company, we're deploying international capital into the UAE real estate sector to help it scale faster.' Ankur Aggarwal, Founder and Chairman of BNW Developments, added, 'We are pleased to partner with Nisus Finance, which is supporting the real estate sector with fresh capital to ensure growth. Our expertise in marketing and sales will drive strong uptake of these projects. 'We thank Nisus Finance for their confidence in our team and are excited to bring the first of many projects to life in the near future.' Nisus Finance is currently evaluating US$200 million (Dh730 million) worth of additional assets for acquisition and resale in the market. The firm is also investing additional capital to enhance the built environment, upgrading common areas with modern aesthetics and improved amenities—comparable to the latest off-plan assets. This partnership also ensures timely project completion at a time when only 45 percent of projects are delivered on time, and 55 percent face delays due to funding or other constraints. Secondary sales offered by NiFCO will also help meet the underserved demand while delivering uplifted value. Vivek Anand Oberoi, Managing Director and Co-Founder of BNW Developments, said, 'BNW Developments has developed innovative ideas in development partnership, finance and investment into UAE's real estate market that are changing the overall real estate financing business and accelerating the pace of developments. 'We are very excited about our partnership with NiFCO Dubai which is bringing liquidity in the market to fuel the growth in real estate. The synergy between BNW Developments and NiFCO Dubai will help attract greater international capital into real estate in the years to come.' This partnership is especially important as it addresses the shortage in completed affordable assets and enabling mid-income families not just high-net-worth individuals to realize their dream of home ownership. It also improves access to ready, high-quality housing options without construction delays, and supports investors looking for stable, income-generating real estate with immediate usability. This will also fuel the growth of the secondary market sales. The process combines institutional governance with local market expertise and offers a move-in-ready alternative to traditional off-plan development models. It enhances buyer confidence through transparency, maintenance, and timely delivery reinforcing both brands' commitment to impact-driven, high-integrity real estate. Nisus Finance 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. NiFCO, 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. NiFCO's RESO fund has been awarded an 'Excellent' rating by Care Edge Advisory, recognizing its strong focus on diversified AIF funds and asset management. The company was listed on the 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 About BNW Developments BNW Developments is a premier real‑estate developer in the UAE with a bold AED 22 billion+ portfolio. Led by Chairman & Founder Ankur Aggarwal and Co‑Founder & Managing Director Vivek Anand Oberoi. Our elite team of 400+ professionals blends design intelligence and investor‑first strategy to deliver ultra‑luxury developments that fuse legacy with returns. We serve HNIs, global investors, and leading financial institutions. Driven by intent, trust and transformative scale, BNW is shaping the future of real estate, setting new benchmarks in quality, sustainability and sophistication.

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