Nisus Finance expands to the GCC
Mumbai Mumbai: Nisus Finance Services Company Limited (BSE-Nisus | 544296 | INE0DQN01013), a pioneer in investment management focused on urban infrastructure, has announced the acquisition of two Grade A residential gems in Dubai’s affluent neighbourhoods – Jumeirah Village Circle (JVC) and Al Furjan. These acquisitions, facilitated through the Nisus High Yield Growth Fund Closed-Ended IC, registered at the Dubai International Financial Centre (DIFC), mark a significant milestone in the fund’s trajectory. These strategic investments contribute US$55 million to the assets under management (AUM) of Nisus High Yield Growth Fund Closed-Ended IC, underlining its robust growth and establishing it as a key player in the sector. The newly acquired properties, located in prime locations, are set to mark its entry into Dubai’s thriving real estate market. The city’s home sales grew by 25% in the third quarter of 2024, driven by a strong economy, growing tourism and an expanding international community. With Dubai’s GDP projected to grow by an impressive 4.6%, the city offers unique opportunities for excellent returns and long-term value.
About the Nisus High Yield Growth Fund Closed-Ended IC
Launched in 2024, the Nisus High Yield Growth Fund Closed-Ended IC is a cutting-edge investment instrument designed to capture high-yield opportunities in Grade A, income-producing assets across prime locations in the GCC. Registered in the Dubai International Financial Centre (DIFC), with feeder funds in GIFT City, it offers both domestic and global investors a regulated and institutional option to participate in the GCC region’s growth story.
Expanding regional footprint
In a move that underscores its commitment to the GCC region, Nisus Finance has inaugurated a new office in Dubai, strengthening the Company’s presence at the heart of one of the world’s most vibrant and competitive real estate markets. By establishing a strong presence in this dynamic hub, Nisus Finance is perfectly positioned to capitalise on emerging opportunities and foster deeper relationships with its stakeholders.
The acquisition of two prime residential properties reflects Nisus Finance’s relentless pursuit of growth and investor value. Leveraging Dubai’s thriving real estate market and the growing demand for luxury living, the Company is paving the path to extraordinary success, delivering unrivalled returns and lasting value.
