Arada Real Estate Development has launched Arada Capital, a specialised investment fund management platform headquartered at Abu Dhabi Global Market.
The new platform targets assets under management of $5 billion within four years of its establishment, offering investors promising opportunities and direct participation in real estate assets and infrastructure projects across Gulf Cooperation Council countries and select international markets.
The new platform's board is chaired by His Royal Highness Prince Khaled bin Alwaleed bin Talal, Deputy Chairman of the Executive Board of Arada, who affirmed that the launch of the platform crowns a decade of comprehensive success for the company, providing investors with a direct pathway grounded in robust governance and institutional credibility to access exceptional investment deals and expertise.
Mustafa Fahour, Chief Executive Officer and Managing Director of Arada Capital — which operates under an independent board of directors and has received in-principle approval from the Financial Services Regulatory Authority — explained that the platform represents a unique opportunity to attract institutional partnerships towards quality investments, with plans for gradual expansion starting from the UAE and Saudi Arabia towards broader regional markets.
The platform draws on Arada's strong track record since its founding in 2017, during which it has launched 11 landmark projects and expanded operations to the United Kingdom and Australia, bringing the total value of its current and future project portfolio to approximately 130 billion dirhams (AED), encompassing the development of 55,000 residential units worldwide.