Abu Dhabi Investment Authority eyeing joint venture deals in 2018

The Middle Eastern investor is expanding its real estate investment exposure to include more joint venture partnerships.

The Abu Dhabi Investment Authority (ADIA) is looking for joint venture investment opportunities in the global real estate market. It will focus on key sectors that capitalize on the fundamental trends in emerging markets, from residential, office to retail and logistics. Meanwhile for developed markets, the investor has said that it would be more selective when making investments due to the status of current market cycle, according to its 2018 investment plans shared with PERE.

The sovereign wealth fund has maintained its real estate allocation to between five and ten percent of its total assets under management since the past couple of years. The same allocation is expected for 2018.

ADIA also stressed its preference in choosing fund managers with good track of record.

The Middle Eastern investor has so far been active across all major real estate sectors, including retail and logistics sectors. In Asia Pacific, ADIA has focused on China, Australia, India and select South Asian markets.