ADNOC and ADPF sign strategic real estate investment partnership ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
The Abu Dhabi National Oil Company (ADNOC) has announced today that it has signed and completed a strategic real estate investment partnership with Abu Dhabi Pension Fund (ADPF), marking ADPF’s third successive energy infrastructure and real estate asset partnership with ADNOC, and it’s largest single transaction to date with the oil giant. The ADPF partnership follows the announcement by ADNOC in September 2020 that it had entered into a long-term strategic investment with accounts and entities owned and/or advised by Apollo Global Management Inc. and its subsidiaries, one of the world’s largest alternative investment managers, and a group of institutional investors, for an underlying real

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