ADFG wins ‘Emerging Markets Real Estate Manager of the Year’ at Global Investor/ISF Awards

Abu Dhabi Financial Group (“ADFG”) has been recognised at the prestigious Global Investor/ISF Awards 2016, held in London, UK, winning the accolade for ‘Emerging Markets Real Estate Manager of the Year’.

With a portfolio of more than $4bn in real estate projects, comprising over seven million square feet, ADFG currently manages prominent developments across Eastern Europe, the Middle East and the UK. 

Commenting on winning the award, Jassim Alseddiqi, Chief Executive Officer of Abu Dhabi Financial Group, said: “To win such a respected international award, that attracts entries from peers across the world, is a momentous achievement for ADFG. Our exceptional portfolio of intercontinental real estate developments is at the core of ADFG’s assets under management and underpins the firm’s continuing growth.”

“ADFG has experienced a prosperous 12 months with the opening of Montenegro’s largest mixed-use real estate development, The Capital Plaza, and receiving planning permission for the redevelopment of New Scotland Yard into The Broadway, a landmark mixed-use scheme nestled in one of prime Central London’s most desirable locations. We are currently assessing a range of new and exciting real estate investment opportunities and plan to further enhance our track record in the sector over the coming years.”

In Central London alone, ADFG has a $3bn pipeline of projects and is spearheading some of the capital’s most desirable new addresses. This includes the redevelopment of New Scotland Yard into The Broadway, an iconic one million square foot residential-led, mixed-use development with far reaching views of Westminster and St James's Park, and No.1 Palace Street, a high-end residential property located across from Buckingham Palace with stunning views of the Palace Gardens.

In Eastern Europe, ADFG launched The Capital Plaza last September, comprising 1 million square feet of prime retail, business, hospitality and residential units. With a land bank of c.600,000 square metres on the Black Sea in Arkutino, Bulgaria, and on the Mediterranean coast in Lucice, Montenegro, still to be developed, ADFG plans to augment its status as one of that region’s leading real estate developers and investors.

Led by its strategic investments in real estate, spread between traditional safe havens prominence and high-growth developing countries, ADFG’s current assets under management have increased to $3.5bn in 2016. The firm also provides alternative financing solutions and acquisition support for asset owners and developers through its wholly owned subsidiary, Integrated Alternative Finance, which has structured and financed over $2bn in projects, mostly in the real estate sector.

Held in London, UK, and with each category judged by a panel of leading industry figures, the Global Investor/ISF Awards is now in its 30th year and attracts submissions from the world’s leading financial services and asset management firms.