A Few Words About Us…

The Niveda Group is a multi-family office comprising of East African and South Asian families. We have two core sectors of focus - real estate and finance. The Group's strength lies in its ethos of co-investment amongst client families, investor-aligned performance remuneration, and specialised in-house control functions led by members of various client families. Our families' wealth of experience and expertise enhances the quality of our management, execution and deliverability on our investment projects and opportunities.

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Niveda Realty specialises in real estate development in two niche markets, London and Nairobi. Our projects and operations cover the residential, commercial and hospitality sectors of real estate, with dedicated in-house expertise in:

  • Deal Origination
  • Equity & Debt Financing
  • Architecture & Planning
  • Interior Designing
  • Building Construction
  • Project Management
  • Marketing & Sales

Through these control functions, Niveda Realty offers well-structured real estate investment opportunities to institutional investors, family offices and individuals.

Our team's design philosophy is created carefully for each individual project and high quality materials are used throughout the process. The creative use of light and material is at the core of our projects alongside making efficient use of space. Our design team and associated affiliates have extensive knowledge and experience on furnishing, fittings, interior design and architecture.

Niveda Realty ensures projects are completed on time, within budget, in accordance with quality and design requirements, and in compliance with relevant laws and regulations. The development process involves project sourcing, analysis, project management, project conceptualisation, project design, robust legal framework, and a tailored building process.

In London, we anticipate the residential real estate market to outperform, mainly due to net annual immigration into the city, and the development of strong infrastructure to support this. While we believe that the prime Central London market with house prices over GBP 1,500 per SQFT is less affordable for end-buyers, we see good opportunities in areas with prevailing sale values of GBP 500 to GBP 1,500 per SQFT. Depending on the investment objective (capital appreciation versus preservation), we would carefully select the appropriate real estate development or refurbishment opportunities based on the following deal origination strategies:

  1. Distressed Vendors

    These are opportunities to purchase a property from a vendor who requires the sale proceeds immediately due to unforeseen circumstances. These deals frequently originate from Niveda Finance LLP (the short-term real estate lending business of Niveda) or third party lenders.
  2. Distressed Properties

    These are opportunities to purchase a dilapidated or rundown property that has been neglected and not maintained by the vendor. Such properties may have undergone vandalism, fires or structural damage, and usually originate from local estate agents, runners or property consultants.

  3. Repossessions

    These are opportunities to purchase a property from a lender who has repossessed the subject property due to failure of the borrower to repay the outstanding loan obligations. The lender would be looking for a quick sale to recover their funds. Such properties originate from banks, private lenders and lawyers.
  4. Probates

    These are opportunities to purchase a property whose owner has passed away. The process of registering a probate takes a few months; while the family members of the deceased are often impatient to receive the sale proceeds to meet other outstanding obligations. Such opportunities originate from lawyers and agents.
  5. Off-market Sales

    These are opportunities to purchase a property that is not being marketed through the main channels. Such properties offer better pricing due to lower competition from other potential buyers on the open market. Such opportunities originate from off-market agents, runners, solicitors and the general public.
  6. Structured Deals

    These are opportunities to purchase a property where there may be tied incentives for the current vendor or their consultants to arrange a property transaction for mutual benefit. The vendor brings such deals to us directly or through their consultants.
    While we may utilise an auctioneer or an estate agent as a means to purchase a property, the deal would not be of any interest to Niveda Realty if it were an open-market transaction at market price. Our core philosophy is to buy value, and this value can only be obtained at a price that is below the market price of the asset.

Niveda Realty selects development sites and refurbishment properties meeting a set of basic criteria:

  1. The subject property must have scope for value-add i.e. potential for development or refurbishment.
  2. The subject property must be within London and the Home Counties.
  3. The purchase price of the subject property must be between GBP 2,000,000 and GBP 10,000,000.
  4. The gross development value (GDV) of the completed development must be between GBP 3,000,000 and GBP 100,000,000.
  5. The completed development must be sole residential or mixed use with majority residential.
  6. The project length must be between 8 months and 36 months.
  7. The minimum return on equity from the project should be 20% per annum.

Besides the basic criteria above, we prefer properties that are within the boroughs of City of London, Westminster, Kensington & Chelsea, Hammersmith & Fulham, Camden, Islington, Wandsworth, Lambeth, Southwark, Barnet, Brent, Ealing, Harrow and Hillingdon. This is due to the strong rapport that we have with the local councils in these areas, and the proximity of these areas to our London offices.

Below is a selection of the real estate development projects that Niveda Realty has been and is currently involved in.


Bevington House, Gardners Row, Liverpool, L3

Located at the fringe of Liverpool's City Centre, Bevington House is a 220,000sqft private rented sector (PRS) scheme comprising of 381 high quality studios, 1-bedroom and 2-bedroom apartments. The scheme is spread across three separate blocks with a modern gym, wellness centre, restaurant/cafe, supermarket and ample provision of parking. Bevington House strives to become the most iconic development in this locality.

The Bishops Avenue, Hampstead, London, N2

A state of the art detached freehold home located on one of the most prestigious roads in the Hampstead Garden Suburb. The Bishops Avenue is often nicknamed as ‘Billionaire’s Row’. The 24,000sqft residence benefits from a large swimming pool, gym, Jacuzzi, cinema room and ultra-luxury finish. This home is a stone’s throw away from the Hampstead Heath, one of the highest points in London.

Brunswick Park Gardens, Brunswick Park Road, London, N11

A collection of spacious 1 and 2-bedroom apartments set in a private, gated development complemented by beautiful landscaped gardens and secure parking. These dwellings are designed and finished to the highest standards of luxury using eco-friendly materials. The area benefits from beautiful green spaces such as Arnos Park, New Southgate Recreation Ground and the Bethune Recreation Ground.

Church Hill Road, Barnet, London, EN4

A mixed-use new build development of a large A1 commercial unit on ground floor, and 1 and 2-bedroom apartments on upper floors. The retail space on the main road is ideally located for a supermarket, and the residential apartments benefit from secure gated parking and large garden space. The development is moments away from Oak Hill Park in East Barnet, and equidistant to Cockfosters and High Barnet Station.

India Buildings, Victoria Street/Cowgate, Edinburgh, EH1

Located in prime central Edinburgh (EH1), the India Buildings site is part of the historic Old Town and has a UNESCO World Heritage status. The 130,000sqft upper scale hotel shall have 225 rooms, multiple food & beverage areas, leisure & fitness facilities and a banqueting hall within the 500 year old Cowgate Church. The site is a short walk to major attractions such as the Edinburgh Castle, the Royal Mile and the Palace of Holyrood.

Lansdowne Place, Southwark, London, SE1

The Lansdowne Place redevelopment project involves the collaboration of Niveda with the London Borough of Southwark to regenerate the existing site consisting of an abandoned school into a large mixed-use residential scheme for the Borough's growing number of residents. The proximity of Lansdowne Place to London's West End and City area makes it a superb location for young professionals and families.

Norton Street, Islington, Liverpool, L3

The Norton Street project within the Islington district of Liverpool is a student accommodation scheme conveniently located 400 metres from both the Liverpool John Moores University and University of Liverpool campuses. The 220,000sqft development across 3 blocks of 8, 11 and 15 storeys comprises of a total of 738 beds with social areas, gym, laundry and ground floor retail units.

Renshaw Hall, Oldham Place, Liverpool, L1

Renshaw Hall is a student accommodation led development scheme comprising of 320 high quality cluster units and studios, 10 luxury one-bed apartments, and a 112 room apart-hotel with a gym, fitness centre, residential cinema and cafe. Located in the L1 postcode, the 120,000sqft project is a stone's throw away from Liverpool City Centre, and conveniently located to University of Liverpool and Liverpool John Moores University.

Niveda Hotels & Resorts is an asset management consultancy within the hospitality sector, providing independent advice to our client families, institutional investors, property owners and operators across the globe. Our primary objective is to deliver optimum returns through the development of the asset, the implementation of operational efficiencies, and the identification of unique market opportunities.

Originating and evaluating a hospitality investment opportunity requires expert knowledge and experience that you can rely upon to deliver the required results.With Niveda'steam and client families managing the assets of more than 100 hotels around the world, we have a unique insight into the sector; one that allows us to offer impartial and independent advice that provides turn-around management, sustainable growth, improved cash flows and long term returns.

Through benchmarking against the market, we ensure optimum performance from hotel operators, accurate presentation of results and the agreement of realistic forecasts. Our unique view of the sector allows us to identify potential issues early and advise on corrective procedures in a timely fashion, reducing any negative impact upon returns.

Niveda's strategy in the hospitality sector is to critically consider a subject hotel's physical attributes, locational characteristics, market conditions and future trends to assess redevelopment, conversion and alternative use options. We have found that modifying or expanding a traditional hotel to include related alternative uses in some instances may not only serve to optimize the value of the real estate, but also may generate more visitors to support ancillary facilities and services such as multiple food and beverage outlets, spa and fitness facilities, and retail operations.

There are a variety of real estate uses that are compatible with an operating hotel, such as whole ownership or fractional residences, condo-hotel and retail complexes to name a few, which if properly programmed, designed and integrated will not only serve to potentially diversify the overall risk profile of an asset, but will often yield higher returns.

Niveda Hotels & Resort's primary focus is on the acquisition of hospitality assets in London that range in price from GBP 2,500,000 to GBP 20,000,000. These assets must fit one of the following categories:

  1. Financially Distressed Hotels
  2. Physically Distressed Hotels
  3. Hotels with Potential for Modernisation/Extension
  4. Commercial/Residential Buildings with Scope for Conversion into Hotels
  5. Development Sites with Planning for Hotels

In our wealth advisory division, we run a private investment partnership that invests in listed financial securities for high-net-worth professional investors. It follows a conservative, value-investing approach with a long-term investment horizon.

We are unique due to our conservative risk/reward ratio, co-investment from our investment advisors and principals, remuneration based on high watermark, and full daily mark-to-market transparency on investments.

N.B: Please read the disclaimer and risk warning sections of our website before seeking investment advice or committing to investments.

After using online screeners to shortlist global equities, the second step in our process for finding high quality companies is to research the filtered companies in greater depth. We call this business evaluation. There are many steps to our business evaluation, and below are a few topics and questions we focus on.

Filter 1: Do we understand the business?

As shareholders, we feel it is very important to understand what we own; this relates to our philosophy of risk mentioned in our first annual report.

  1. Demand characteristics: How certain are we about consumers to purchase the product or service over the next 5 and 10 years?
  2. Secondly it is important to understand the industry structure the company operates in. What is the position of our business within the wider industry?
  3. Lastly it is important to understand the buyer of the product or service and what are the decision-making criteria?

Filter 2: Does it have a "Sustainable Competitive Advantage"?

It is very important for a business to have a strong sustainable competitive advantage!

  1. How certain are we about the business maintaining its competitive advantage over the next 10 years?
  2. We like to research into what value the competitive advantage creates for the business. What are the barriers to enter the industry? What is the customer cost and incentive to switch from my business to a competitor?

Filter 3: Management Assessment

Having able and honest management is very important for a business to generate value. In the world of greed, Wall Street influence and dishonesty, it is very easy for a high quality business to go downhill because of poor management. Below are some questions that we ask ourselves when analysing a company's management.

  1. Is the management compensation structure aligned with the shareholders?
  2. Is the management more concerned with fattening their pockets or are they more concerned with sensible stewardship of the business?
  3. Is the management competent and honest? A past record of strategy implementation and execution is what we look for here.

Filter 4: Inversion Exercise

Here we research to destroy our investment thesis. This exercise is all about asking how can things go wrong, and what losses will we be exposed to?

  1. Could someone with access to large amounts of capital and talent compete with the business?
  2. How resistant is the business to adversity? How much recession sensitivity does the business have?
  3. What are the consequences if we are wrong about everything? – We would like to know the absolute damage caused to our partnership if we are completely wrong about the investment thesis.

Filter 5: Pricing Assessment

The buy decision must require a margin of safety that makes up for all the thesis-destroying arguments above.

Our five-filter investment process is dynamic and always evolving to account for extreme scenarios that we have experienced from our past. It is by sticking to our core investment philosophy, and continuously refining our process, that we are able to best serve our investors.

  1. We think of our investors as our partners.
  2. We eat our own cooking. As it should be for partners, our investment advisors and supporting families have a major portion of their own net worth invested in the partnership.
  3. We are buy-side. We will only do with your money what we would do with our own.
  4. We believe in long-term performance. We do not measure our performance by our AUM; we measure our performance by our average annual return over a three to five year horizon. We are certain that the rate of return may diminish in the future as our AUM grows, but our target will remain to make a return that preserves and grows the wealth of our partners.
  5. We are simple. Our primary objective is to achieve our goal by directly owning a group of securities that generate cash and consistently earn above-average returns on capital. Our secondary objective is to hedge risk in tough economic times using shorting methods and portfolio reallocation.
  6. We use debt carefully. When we do borrow, we attempt to structure our leverage on a low fixed-rate basis. We will reject interesting opportunities rather than over-leveraging our assets and risking ourselves being a victim of a financial crisis.
  7. We learn from our mistakes. We hope not to repeat the capital allocation mistakes that may have led us into sub-par performance in the past. And we react with great caution to suggestions that our poor investments can be restored through further capital investment.
  8. We are there for you today, and tomorrow. As with any trade and investment, there is risk of losing capital and risk of drawdowns. In case of a significant drawdown during a financial crisis, we will carry on looking after our partners.
  9. We have integrity. Our guideline is to tell you the business facts that we would want to know if our roles were reversed. We are transparent as investment advisors.

Niveda Wealth's Annual Letter - 2014

In Niveda Wealth's Annual Letter for 2014:

1. We portray the investment philosophy we apply when investing into global equities and fixed income.

2. We share our investment process from screening to business analysis, and investment in a company.

3. We highlight Niveda Wealth's progress and performance through the year 2014.


We hope that you find the Annual Letter both informative and enjoyable to read. If you would like a physical copy of the letter, please do not hesitate to contact us.

Our corporate advisory division advises our clients and partners on company acquisitions, private company investments, strategic investments and disposals. The company draws on the deep global experience of its team and associates across technology, building materials, real estate, energy, food & beverages, agriculture and education sectors. The team has advised on transaction sizes ranging from seed and angel investments to multi-million pound mega deals globally.

N.B: Please read the disclaimer and risk warning sections of our website before seeking investment advice or committing to investments.


"Never Let a Crisis Go to Waste"


Vishaal Shah, who leads the Corporate Advisory division specialising in Private Equity and Venture Capital at Niveda, provides his view on the reaction to the recent China crisis and investing behaviour in the current global market.

Our property finance division provides short-term loans to real estate professionals and companies in the UK. These loans range from 3 to 12 months in duration, and are secured against the underlying investment or commercial properties. Our lending rates are as low as 1% per month for loan-to-value (LTV) of up to 75%. Our UK real estate loan sizes range from GBP 100,000 up to GBP 100m.

N.B: Please read the disclaimer and risk warning sections of our website before seeking investment advice or committing to investments.

If you would like to apply for property finance as a borrower of cash funds, please e-mail us at finance@niveda.com, providing the following details:

  • Full name
  • Preferred E-mail
  • Volume of funds required (GBP)
  • Purpose for property finance borrowing(e.g. refurbishment works)

Alternatively, you can contact our office here.

Important Information

The information provided on this website is not directed at or intended for publication or distribution to any person (natural or legal) in any jurisdiction where doing so would result in contravention of any applicable laws or regulations. The information provided does not constitute an offer or solicitation in any jurisdictions in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such an offer or solicitation.

The information provided on this website is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States to or for the benefit of any United States person (being residents of the United States or partnerships or corporations organised under the laws hereof). None of the products listed on this site have been registered in the United States under the Investment Company Act of 1940 and interests therein are not registered in the United States under the Securities Act of 1933.

Prospective investors should take appropriate independent investment advice and inform themselves as to applicable legal requirements, exchange control regulations and taxes in the countries of their citizenship, residence or domicile.

Risk Warning

There are risks associated with the advice and investments that maybe outlined on this website. Past performance is not a guarantee of future performance. The price of assets can go down as well as up and may be affected by many variables such as changes in rates of exchange. An investor may not get back the amount invested. An investor may not receive any income distributions such as dividends. Many of the investment opportunities are illiquid and involve long-term investment horizons.

This documents on this website are published solely for information purposes and do not constitute an offer, investment, legal, tax or other advice nor is it to be relied upon in making an investment decision. Information contained herein has been taken from sources considered by Niveda Family Office LLP to be reliable but no warranty is given that such information is accurate or complete and it should not be relied upon as such. Niveda Family Office LLP will not be responsible for any loss or damage of any kind that arises, directly or indirectly, and is caused by the use of any part of the information provided.

The investment opportunities we offer are only available to qualifying persons or legal entities as defined by your local regulator (in the EU this means a professional investor or eligible counterparty) and on the basis that you are not subject to any jurisdictional restrictions prohibiting access to the information on this website.

If you have any questions regarding our investment opportunities, please contact us at info@niveda.com.

Niveda Family Office LLP (FRN: 628353) is an appointed representative of G10 Capital Ltd (FRN: 648953) which is authorised and regulated by the Financial Conduct Authority in the UK.

Niveda Finance provides short-term loans to real estate professionals and companies in the UK. These loans range from 3 to 12 months in duration, and are secured against the underlying investment or commercial properties. Our lending rates are as low as1% per month for loan-to-value (LTV) of up to 75%. OurUK real estate loan sizes range from GBP 100,000 up to GBP 5m.

Besides real estate in the UK, our team has a strong expertise in structuring opportunities and transactions in the real estate, infrastructure, commoditiesand energy sectors globally. These opportunities may be in development and emerging markets, with project sizes ranging from USD 5m to USD 1b.