15 Jul 2010
(MENAFN) Mubadala Development Co., an Abu Dhabi government investment firm, and Pramerica Real Estate Investors have agreed to launch a joint-venture company that will raise capital to fund and invest in real-estate projects in Abu Dhabi and abroad, Gulf News reported.
Mubadala Pramerica Real Estate Investors will be headquartered in Abu Dhabi and has an initial mandate of to create investment opportunities to fund real-estate opportunities in Abu Dhabi, where a projected surge in population has created great demand for affordable residential properties.
A shortage of bank lending provides a near-term opportunity for investors to fill the gap and provide capital to pre-let projects with secure tenancies, said Charles Pardoe, managing director of Mubadala Pramerica REI.
The company will eventually offer products to institutional investors globally across the spectrum of real-estate categories, including products tailored for family office and high net worth investors from the region, the statement said
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more