IndustryLatest Stories

BNW Developments, Enlightened Minds Launch $27M UAE Fund

NEW DELHI: BNW Developments and Enlightened Minds Investments have partnered as co-general partners to launch the BNW Real Estate Fund, achieving capital commitments of USD 27 million. This fund aims to support real estate development in the UAE. The investments will focus on three primary areas: land acquisition, completion financing for advanced projects, and the development of branded, purpose-built real estate assets. The fund anticipates an 18% annual return, with 8% distributed yearly and the remainder expected upon exit. Published On Dec 11, 2025 at 01:30 PM IST Join over 2 million industry professionals. Subscribe to our newsletter for the…

IndustryLatest Stories

BNW Developments Aims for ₹20,000 Crore in Projects Next Year

UAE-based BNW Developments, co-founded by Ankur Aggarwal and Vivek Anand Oberoi, aims to launch projects valued at ₹20,000 crore next year. The firm has already initiated projects totaling ₹10,000 crore and manages a portfolio of 30 projects. It seeks to introduce 10 to 15 additional projects by the next year. “We are acquiring ready-to-move-in properties in Dubai and refurbishing them for resale. There is a noticeable demand-supply gap in the region, making these projects vital,” stated Ankur Aggarwal, Chairman and Founder of BNW Developments. Recently, the company partnered with FashionTV to develop a branded residential project on Al Marjan Island…