The Abu Dhabi Investment Authority (ADIA) has partnered with investment firm Ardian to launch a real estate secondaries platform.
ADIA and Ardian have teamed up to expand their long-standing relationship, stating that the current market environment, “characterised by a reset in valuations and increased demand for liquidity, provides compelling opportunities to pursue a focused approach to the asset class”.
Mohamed Al Qubaisi, executive director of real estate, ADIA, said: “Ardian has built a long and successful track record of investing in secondaries. This new platform reflects our confidence in both the growth potential of real estate secondaries and the strength of the long-standing relationship between ADIA and Ardian.”
Vladimir Colas, executive vice president and co-head of secondaries, Ardian, said: “This platform reflects our conviction in real estate secondaries as an attractive and growing market. We have been closely studying the market for some time and believe now is a compelling moment to enter the market and drive significant value for our investors.
“By combining our leading global secondaries platform with deep real estate expertise, we can offer both breadth of access and granular insight into the asset class. Together with ADIA, we are well-positioned to capitalise on the opportunities ahead and deliver value for our investors.”
Francois Aissa Touazi, member of the executive committee and head of investor relations, MENA, Ardian, said: “Our relationship with ADIA has been built over many years across multiple strategies. This expansion into real estate secondaries is a natural progression that reflects the depth of trust and collaboration we have developed together.”
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