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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Friday, September 12, 2008

Abu Dhabi Investment Authority (Adia) expands into Australian Market - Dh816 Millions

Adia in Dh816m Australian property foray
The National - Abu Dhabi, United Arab Emirates
Abu Dhabi // Abu Dhabi Investment Authority (Adia), the world's largest sovereign wealth fund, is expanding its property portfolio in the Australian market. Its latest investment was a A$280 million (Dh819m) stake this week in a dual office tower project in Sydney, according to people familiar with the deal.
The A$560m project, called Darling Walk, is part of a string of investments and acquisitions in Australia by Adia in the past year. ...

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