ADFG targets real estate investment opportunities spanning the risk-return spectrum from real estate development to core income producing assets. The Team continuously screens opportunities across all areas of real estate, with an emphasis on debt or equity investments. Our portfolio includes high-end residential, commercial, warehouses, shopping centers and hospitality assets across the UK, Middle East and Eastern Europe. Key platforms include Etihad REIT, Northacre and Integrated Eastern European Fund.
The Real Estate team is comprised of 42 professionals across 3 regions.
ADFG acquired a majority stake in Northacre in 2013 and thereafter in 2016 became a wholly owned subsidiary of ADFG as it sought to expand its property development offering globally. Over the last 30 years, Northacre has successfully designed, developed and marketed over £ 2.2 billion of prime residential sales in London, a track record unrivaled by any other high-end residential developer.
The Group’s extensive network allows access to unique real estate opportunities in Central London. Northacre’s 30 year track record and presence on the ground provides insight and validates potential investment opportunities.
Etihad REIT is a USD 0.5 billion UAE based Sharia compliant Real Estate Investment Trust established and incorporated under the laws of Abu Dhabi Global Market (“ADGM”) that invests in income producing properties across residential, commercial, logistics and mixed-use assets. The REIT was launched in early 2016, and is currently operating as a private REIT.
The REIT currently comprises of ten income producing assets with attractive investment fundamentals. These properties are spread across residential, commercial, industrial and alternative real estate asset classes, with a net leasable area of c.3.7 million sq. ft.
The REIT is managed by ADCM Altus Investment Management Limited, a private company limited by shares and incorporated in ADGM. The REIT Manager is a subsidiary of Abu Dhabi Financial Group. The REIT Manager is regulated by the Financial Services Regulatory Authority (“FSRA”)
Real Estate under management
Gross Development Capital
Income Producing REIT
No.1 Palace Street, London UK
Ideally situated in prime Central London and neighboring Buckingham Palace, No.1 Palace Street will contain 72 one-of-a-kind apartments when completed in 2020. ADFG is committed to ensuring that No.1 Palace Street becomes one of the most exclusive and desirable addresses in Central London, providing luxurious apartments and leisure facilities in an unrivalled location.
The Broadway, London UK
Set for completion in 2021, the transformation of New Scotland Yard into ‘The Broadway’ is one of London’s most anticipated redevelopment projects. ADFG acquired the site from the Mayor’s Office for Policing and Crime in December 2014 and has appointed Northacre to create a thriving, state-of-the-art commercial and residential destination, totaling nearly 700,000 sq. ft, in the heart of the UK’s capital.
Bulgari Hotel, London UK
Located in London’s most desirable borough of Knightsbridge, the Bulgari Hotel London has set new standards among luxury hotels in the British capital. The hotel’s world-famous brand name, design and quality of service, has led to the hotel becoming an instant favourite with visitors since it opened in 2012.