Abu Dhabi’s ADIA awards $490m mandate to Australian real estate investor Qualitas

Abu Dhabi’s ADIA awards $490m mandate to Australian real estate investor Qualitas

Brisbane, Australia. Photo by Brisbane Local Marketing on Unsplash.

Abu Dhabi Investment Authority (ADIA), the biggest sovereign wealth fund in the United Arab Emirates, has awarded a A$700 million ($490 million) mandate to real estate investment manager Qualitas to invest in Australia.

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