ADIA Unloads Some Australian Institutional Property Interests
Posted on 12/22/2016
The Abu Dhabi Investment Authority (ADIA) is capturing some profits and realigning part of its Australian property portfolio. Being the largest owner of hotel properties in Australia, the sovereign investor is restructuring its 31-hotel Australian portfolio. ADIA bought its 31 hotel portfolio in 2013 for A$ 800 million from Tourism Asset Holdings (TAHL). In December […]
