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Abu Dhabi Investment Authority considers altering real estate strategy
Investors - JUNE 15, 2021

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Abu Dhabi Investment Authority considers altering real estate strategy

by Kali Persall

The Abu Dhabi Investment Authority (ADIA) is reviewing the performance of its property assets and considering changes to its real estate strategy, after a number of shopping malls and office buildings in its portfolio suffered due to the COVID-19 pandemic, sources with knowledge of the matter told Bloomberg.

The sovereign wealth fund may consider cutting its exposure to some investments that faced issues and increasing exposure to assets such as warehouses, life sciences properties, technology hubs and affordable housing.

State-owned ADIA has amassed just under $700 billion in assets, according to Global SWF, with real estate accounting for about 5 percent to 10 percent of the total portfolio.

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