Mubadala, Aldar and Ares partner to invest $1 billion in European private real estate credit

Aldar Properties (‘Aldar’), Mubadala Investment Company (‘Mubadala’) and Ares Management (‘Ares’) today announced that they have entered into a new partnership to jointly invest U.S. $1 billion in private real estate credit opportunities in the United Kingdom and Europe over the next three to five years. As part of this transaction, Mubadala will hold a 50% stake in the new platform, with 30% held by Aldar and the remaining 20% by Ares.

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