Mubadala looking to broaden real estate portfolio

(Abu Dhabi)

Gulf News has reported that Mubadala, a UAE investment giant has just picked up Galleria Mall on Al Maryah Island and is open to acquisitions in real estate to broaden its portfolio.

Ali Eid Al Mheiri, Executive Director of real estate and infrastructure commented, "We are focussing on real estate investments in the UAE and outside. Whether it is in Abu Dhabi or New York, we would look at the same thing.”

Referring to global expansion, Ali said they are currently focussing on commercial, residential and logistics projects in the US, Europe and Asia.

Read the original article on Gulf News:  Mubadala has an appetite for more real estate deals