The real estate sector in the Middle East is witnessing rapid expansion, driven by the launch of new investment initiatives aimed at attracting capital and boosting growth.
In this context, Arada Real Estate Development announced the launch of Arada Capital’s platform specialized in the management of real estate investment funds.
The new platform aims to reach $5 billion in assets under management over four years.
Reflecting the company’s ambition to expand its presence in the region’s markets.
Arada Capital will provide investment opportunities for institutional investors and qualified investors.
With a focus on diverse categories of real estate assets.
The platform also leverages the company’s strategic partnerships, enhancing its ability to develop promising investment projects.
The company plans to gradually expand into the UAE and Saudi Arabia.
In addition to other regional markets, in line with its long-term plans.
The platform’s activity will not only be limited to real estate investment, but will also extend to infrastructure projects and proprietary market strategies, contributing to diversifying revenue streams and enhancing growth opportunities.
Arada Capital will be based in Abu Dhabi Global Market.
It is currently working on completing the regulatory approvals necessary to obtain a license to work as a fund manager.
The company also announced the appointment of Mustafa Fahor as CEO and Managing Director of the platform.
Drawing on his extensive experience in international financial institutions, including Planary, UBS and Citigroup.
Arada was founded in two thousand and seventeen by Sheikh Sultan bin Ahmed Al Qasimi and Prince Khalid bin Alwaleed bin Talal Al Saud.
Today, it operates in the UAE, Australia and the United Kingdom, in addition to having a diversified portfolio of real estate projects, brands, commercial and sports assets.
Read also:
https://followlebanon.com/ar/tghy-r-atjahat-almstthmryn-ydhk-r/
