Abu Dhabi is consolidating key real estate assets under one entity, creating a $12 billion property giant to help bolster the emirate’s economic transformation efforts.
As part of the deal, sovereign wealth fund ADQ and the emirate’s most valuable listed firm, International Holding Co., will combine their shareholdings in Modon Properties as well as ADQ’s stake in Abu Dhabi National Exhibitions Co. into real estate firm Q Holding.
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