Asset manager Nisus Finance is set to roll out an alternative investment fund to finance managed housing properties in India’s key real estate markets as ..
Dalmia Nisus Finance Investment Managers, a joint venture of Mumbai-based Nisus Finance and Dalmia Group, has exited two real estate projects within nine months of ..
Mumbai-based Nisus Finance’s alternative asset management arm, Nisus Finance & Investment Managers LLP is set to mark the final close of its maiden stressed assets ..
Nisus Finance Group and Phoenix ARC have invested approximately Rs 100 crore in a commercial project called Swaminarayan Business Park in Ahmedabad. The investment will allow them to take over the project and exit the loans of the previous lender, DHFL. Nisus Finance invested through its Real Estate Special Opportunities Fund -1, while Phoenix ARC is the asset reconstruction arm of Kotak Mahindra Group. This joint investment marks the first collaboration between Nisus BCD and Phoenix ARC. The project is nearly 80% complete and has already been leased to prominent brands.