Abu Dhabi’s sovereign wealth fund may be having second thoughts about its real estate investment strategy as the pandemic ravages certain asset classes. The Abu Dhabi Investment Authority, one of the biggest government-backed investment funds, is reviewing financial performance of the shopping malls and office buildings in its portfolio, Bloomberg News reported, citing anonymous sources. Depending on the outcome, the authority may consider reducing its exposure to some troubled investments. The retail and office markets The post Pandemic squeeze forces Abu Dhabi fund to reassess real estate exposure appeared first on The Real Deal New York.
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