Masdar Launches REIT Focused on Sustainable Properties
Posted on 01/31/2020
Masdar is a sovereign wealth enterprise (SWE) of the Mubadala Investment Company. Masdar formed a real estate investment trust (REIT) that focuses on sustainability as a major theme.
The private REIT is being given life with four commercial properties within Masdar City, which is in Abu Dhabi. The initial valuation of the REIT is between 950,000,000 AED and 1,000,000,000 AED. In addition, the REIT was formed at Abu Dhabi Global Market (ADGM).