Nextius

Capital

About Us

NEXTIUS PROPERTY FINANCE is a Compartment of NEXTIUS FINANCE VCIC AIFLNP LTD an open ended Alternative Investment Fund with Limited Number of Persons authorized by Cyprus Securities and Exchange Commission under license number LPAIF117/2014 and addressed to Professional and Well-Informed Investors.

NEXTIUS PROPERTY FINANCE aims to provide bridge and development secured loans in order to finance UK commercial, institutional and residential real estate properties. The Compartment’s primary investment objective is to provide Investors with fixed generating income while seeking to limit downside risk by, amongst others, taking into account sector, demand and area needs when choosing Portfolio Investments.

Strategy

The Manager shall pursue to accomplish the Compartment’s investment objective through financing the acquisition and/or development and/or reconstruction of various types of real estate projects situated in the United Kingdom that have the potential of delivering superior, risk-adjusted returns and are determined by the Manager as reliable of repaying a debt obligation. The Compartment’s objective is to facilitate the provision of bridging finance to UK’s property market sustainably through developing positive customer relationships (whilst treating customers fairly), subjecting borrowers to a robust underwriting assessment prior to drawdown and monitoring those loans to ensure covenants are maintained.

Our Team

  • Yiannis Foradaris

    Executive Director

    Graduated from Warwick University with a degree in Mathematics, Statistics and Operational Research. Qualified as a chartered accountant with PwC London, specialising in Investment Management and Real estate sector.  He also worked for a successful start-up property fund in London, involved in investment evaluations, decisions and acquisitions of assets of over GBP30m.  Co-founder and member of the Management Team of Nextius Capital Ltd.

  • Jit Karia

    Executive Director

    Economics graduate and  a UK qualified accountant with over 30 years  experience in the UK real estate sector, building his own very successful portfolio of properties in London. His main specialism is in acquisition of properties in London auctions, development of property investments, funding structures and real estate investment strategies.  Jit was previously the Principal of a successful London based audit & tax practice and a CFO of a Private Equity Group. He was one of the Co- founders of Nextius Capital Ltd and currently member of the Management Team of the same fund.

  • George Foradaris

    Non- Executive Director

    George Foradaris: An ex PwC Cyprus Partner and a fellow of the Institute of Chartered Accountants in England and Wales (ICAEW).  He established and headed the Corporate Finance and Recovery Services at PWC Cyprus.  He has worked across several industry sectors with particular expertise in real estate and hospitality.  He was also the Real Estate cross line of service leader, representing Cyprus in the PWC international network of Real Estate specialists.  Co-founder and member of the Advisory Board of Nextius Capital Ltd. 

  • Costas Nicolaides

    Non- Executive Director

    Costas is a Fellow of Institute of Chartered Accountants in England and Wales.  He was a Partner in PricewaterhouseCoopers from 1990 since his retirement in March 2012.  He was in charge of the Larnaca office of PWC responsible for global compliance and tax services of the PWC Larnaca office.  He worked on numerous industry sectors with particular emphasis in property development and tourism.  He served as President of the Rotary club of Larnaca.  Costas is the anti-money Laundering officer and a member of the Advisory Board of Nextius Capital Ltd.

  • Philippos Papadopoulos

    Independent Non- Executive Director

    Philippos is a holder of a degree of Economics and Business from University College London and a holder of an MSc in Management from Cass Business School and qualified Chartered Accountant. Philippos joined PwC Cyprus through a secondment in PwC Scotland, specialising in the audit of investment funds with a wide range of investment portfolio, including real estate investments. Philippos currently serves as a development manager at M.M. Makronisos Marina Ltd, which is the entity in charge of the development and operation of Ayia Napa Marina, which is the largest infrastructure of mixed use, combining both residential and commercial development in Cyprus.