Deals20 Jan 2025, 05:12 pm
Nisus Finance Expands in GCC, Adding USD 55 Million to Fund AUM through Strategic Real Estate Deals
AI Summary
Nisus Finance Services Co Limited, a trailblazer in investment management, announces the acquisition of two Grade A residential gems in Dubai’s thriving neighbourhoods— Jumeirah Village Circle (JVC) and Al Furjan. These acquisitions contribute USD 55 million to the assets under management (AUM) of the Nisus High Yield Growth Fund Closed-Ended IC, registered in the Dubai International Financial Centre (DIFC). The new office in Dubai strengthens the company’s presence in the heart of one of the world’s most vibrant and competitive real estate markets, positioning it to capitalize on emerging opportunities and foster deeper connections with its stakeholders.
Key Highlights
- Nisus Finance acquires two Grade A residential properties in Dubai worth USD 55 million.
- Acquisitions contribute to the growth of Nisus High Yield Growth Fund Closed-Ended IC's AUM.
- Nisus Finance establishes a new office in Dubai to strengthen regional presence.
- Dubai's real estate market experiences a 25% sales increase and a projected 4.6% GDP growth.
- Nisus Finance is committed to capitalizing on emerging opportunities in Dubai's thriving real estate market.