Real Estate News Alert: Abu Dhabi Investment House Partnering with Shanghai Construction - China

Friday, October 3, 2008

Abu Dhabi Investment House Partnering with Shanghai Construction - China

Abu Dhabi in US$6 billion China real estate venture
Business Intelligence Middle East (press release) - United Arab Emirates
UAE, The Abu Dhabi Investment House is partnering with Chinese construction firm, Shanghai Construction (Asia) Co, to target US$6 billion of real estate developments across China.

The 50-50 joint venture is looking to acquire up to 16 real estate projects in the country, worth around US$6 billion, Abu Dhabi Investment House (ADIH) said in a statement. ...

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