US-based Nitya Capital taps into UAE real estate investment market

By Arya M Nair, Official Reporter
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Nitya Capital
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Nitya Capital, a US-based real estate investment firm, has revealed plans to expand to the UAE as part of its continuing global growth strategy.

The company plans to open an office in January 2023 to grow its investor base and provide opportunities to directly invest in US real estate amid shifting global economies and stock market fluctuations.

Following the recent opening of Nitya’s India office in 2020, the expansion to the UAE underscores the increase in global demand for reliable alternative investment opportunities found in US real estate, particularly multifamily. Nitya’s UAE branch plans to reach a newer, locally sourced investor base, specifically family offices, institutions, and high-net-worth investors.

Swapnil Agarwal
Swapnil Agarwal
CEO – Nitya Capital

“Opening our first branch in the Middle East is an exciting stepping stone in Nitya’s growth. The Middle East is a very important hub for Nitya given our recent successful capital raises in the region, and we can’t wait to offer the best in real estate services to Middle Eastern institutions and high-net-worth investors. I’m very grateful for the love and hospitality I’ve experienced during my many visits to the UAE and it’s an honor to be working with the investment community.”

With this expansion, the company will continue the momentum and meet increased demand from local investors who want to explore a new wave of recession-resilient real estate ventures through a direct presence within the region.

Nitya’s Middle East Partner and Managing Director for the new UAE location, Mr. Rasheed Chahal, will oversee all internal and regional developments across the branch, work with investors on all levels like, high-net-worth individuals, family offices, institutions, for U.S. real estate deals as well as help to grow the UAE office.

The company currently oversees assets in excess of $3 billion. Overall, it has successfully exited over $2.5 billion in assets with more than 25 percent in total generated net returns for its investors since the company’s launch in 2013.

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