Arcapita on investments in Saadiyat and beyond
Arcapita recently acquired Phase One of Saadiyat Beach Residences, a premium residential apartment complex in Saadiyat, Abu Dhabi, for a reported $200 million. Built by Mubadala Development Co., the complex boasts three low-rise buildings in a gated community developed in 2013. It is under a three-year master lease to the Tourism Development & Investment Co. Arcapita has been actively sourcing for new real estate deals within the region, which includes Abu Dhabi. The firm's current focus sectors are residential and logistics. Additionally, on a global basis, Arcapita looks forward to closing a number of real estate and private equity transactions in the coming months.
Syndicate
