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Houston –(Business Wire)–Today, US real estate investment firm Nitya Capital announced that it is expanding into the United Arab Emirates (UAE) as part of its continued global growth strategy. Nitya plans to open an office in January 2023 to expand its investor base and provide direct investment opportunities in U.S. real estate amid global economic changes and stock market volatility.
Following Nitya’s recent opening of its India office in 2020, the expansion into the UAE underscores the increased global demand for solid alternative investment opportunities in US real estate, especially multifamily. Nitya’s UAE branch plans to reach out to a newer group of local investors, particularly family offices, institutions and high net worth investors.
Swapnil Agarwal, CEO of Nitya Capital, said: “Opening our first branch in the Middle East is an exciting stepping stone in Nitya’s growth. “Given our recent successful fundraising in the region, the Middle East is a very important hub for Nitya, we Can’t wait to provide the best real estate services to Middle Eastern institutional and high net worth investors. I am very grateful for the love and hospitality I have experienced during my many visits to the UAE and it is an honor to work with the investment community. ”
Nitya leadership has recently successfully executed overseas investment transactions with one of the UAE’s largest institutional groups and has made meaningful investments with Middle Eastern families in the past. With this expansion, the company will continue that momentum and meet growing demand from local investors looking to explore a new wave of recession-resistant real estate ventures with a direct presence in the region.
Rasheed Chahal, Nitya’s Middle East Partner and Managing Director of the new UAE office, will oversee all internal and regional developments across the branch and work with investors at all levels of U.S. real estate (high net worth individuals, family offices, institutions) on transactions and Help grow the UAE office. Chahal has over 15 years of experience in real estate development, investment management and capital markets in North America and the Middle East.
“Despite changes in the global economy, multifamily real estate in the US remains a profitable investment as it continues to see increased demand for housing due to continued population growth and supply shortages. We want to bring these investment opportunities directly to the UAE the investment community,” Chahal said. “Our expansion will provide local investors with on-the-ground representation in the region and can help them take advantage of exceptional real estate opportunities without taking significant risks. With all the uncertainty and rising in countries’ economies of inflation, real estate remains a strong hedge and a very attractive place to invest.”
Nitya Capital has experienced historic growth since 2020, partnering with major institutions in North America, exploring several successful new student housing portfolios, opening an India office, and increasing its total assets under management. The firm currently oversees over $3b in assets. Overall, since the company’s inception in 2013, it has successfully exited over $250 million in assets, generating a total net return of over 25% for investors.
Its recent expansion into the UAE region marks a significant diversification of its growth across the nation’s waters, enabling local investors to seize lucrative real estate opportunities with safe and stable returns.
Nitya Capital’s online investment platform is currently available to all interested parties. For more information, please contact Public Relations: pr@nityacapital.com with Rashid Chahar in rchahal@nityacapital.com. For more information on current investment opportunities, visit https://nityacapital.com/invest/.
About Nitya Capital
Nitya Capital is a privately owned national real estate investment firm headquartered in Houston, Texas. As an active investor operator, Nitya Capital takes a disciplined approach in all channels, both before and after acquisitions. Our dedicated team of professionals, dedicated to monitoring key performance indicators and optimizing asset performance, engages in in-depth market research and data analysis. In addition, we offer a comprehensive due diligence process and a comprehensive, practical asset management model with maximum attention to detail in every aspect.For more information, please visit www.nityacapital.com.
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