Abu Dhabi Investment Authority targets $2bn in U.S. industrial real estate
The sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has partnered with Boston-based Rockpoint to form a $2 billion investment platform focused on industrial real estate.
Targeting industrial investment opportunities, the new vehicle will focus on ‘build-to-core’ industrial investments in high barrier-to-entry locations across infill, demand-driven, gateway and growth markets in the U.S.
“We have built a sizeable portfolio of industrial real estate assets and continue to see attractive opportunities in the sector,” said Mohamed AlQubaisi, executive director of the real estate department at ADIA. “This new platform . . .
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