Abu Dhabi’s Mubadala outpaces Saudi PIF with $29bln in deals
Abu Dhabi’s Mubadala Investment Company was the lead sovereign investor in 2024, overtaking Saudi Arabia’s Public Investment Fund (PIF) as it ramped up deals
The portfolio acquisition comprises a multifamily community in New Jersey, and two senior housing properties in Orange County, California and Long Island, New York.
The agreement covers the construction and operation of a 360-kilometre railway linking the mining areas of Al-Shidiya and Ghor Al-Safi in Jordan to its Aqaba port.