Announced Wed, 25 Feb · 13:06 IST

Press Release - Nisus Finance Expands UAE footprint with INR 247 Cr Investment in Majan, Dubai.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nisus Finance has invested approximately INR 247 crore (AED 100 million) in residential apartments at Majan, Dubai, through its Nisus High Yield Growth Fund. This marks the fund's 4th UAE real estate investment, taking total UAE deployment past USD 145 million (AED 530 million) under a planned USD 500 million fund. The investment follows the INR 545 crore Lootah Avenue acquisition in Dubai Motor City in December 2025, just two months earlier. The Grade A, fully occupied asset offers studio, one- and two-bedroom residences with attractive rental yields and views facing Al Barari. The fund continues to attract institutional investors, family offices, and UHNI investors across GCC and India.

Likely market impact

Positive for shareholders — demonstrates rapid capital deployment under the USD 500M UAE fund plan and validates the company's high-yield strategy in Dubai's growing real estate market, though execution risk on the remaining fund deployment and currency exposure remain key factors to watch.