Nisus Finance Services Co has made its largest investment in the UAE to date, committing Rs 536 crore ($59.8 million) to Lootah Avenue, a completed residential building in Dubai Motor City. The investment covers the acquisition of the asset, transaction expenses and refurbishment. The transaction has been executed through the Nisus High Yield Growth Fund, a DIFC-based property fund that also operates a feeder structure in GIFT City, enabling Indian investors to participate. The deal represents a significant expansion of Nisus Finance’s international real estate portfolio and deepens its capital deployment in the Middle East.
Completed in 2021, Lootah Avenue is a freehold residential development comprising 273 units, including 110 studios, 110 one-bedroom apartments and 44 two-bedroom apartments, along with a medical center and eight retail outlets. The building rises over two basements, a ground floor, 23 residential floors and a rooftop, and is located on a plot area of 13,533.09 square meters. The development has a gross floor area of 28,305.72 square meters and a net sellable area of 24,159.51 square meters. The investment has been structured with participation from global institutional and private investors, with senior financing backed by Emirates NBD Bank. The transaction comes as Dubai’s property market continues to record strong activity. Real estate transactions in the emirate reached Rs 15 lakh crore ($170 billion) during the first 11 months of 2025, driven largely by residential demand and sustained interest from regional and global investors.
The acquisition more than doubles the combined value of Nisus Finance’s existing UAE investments and underscores the Group’s strategy of scaling its international presence through asset-backed real estate opportunities. Over the past year, the firm has seen increased participation from institutional investors and global capital, contributing to growth in assets under management.
Nisus Finance Services Co is mainly engaged in the business of Transaction Advisory services, while its subsidiaries, stepdown subsidiaries, and associate companies which are engaged in Real Estate and Urban Infrastructure Fund and Asset Management.
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| HDFC Asset Mngt. Co | 2493.00 |
| Nippon Life India As | 1137.00 |
| Aditya Birla Sun AMC | 1036.60 |
| UTI Asset Management | 938.70 |
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