Aldar Properties, Mubadala Investment Company (Mubadala) and Ares Management (Ares) have entered into a new partnership to jointly invest $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 percent stake in the new platform, with 30 percent held by Aldar and the remaining 20 percent by Ares.
Additionally, Aldar will invest $100 million into an existing European private real estate credit strategy first established by Mubadala and…
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