Abu Dhabi energy firm Masdar launches green REIT in UAE
Abu Dhabi Future Energy Company (Masdar) said on Wednesday it was launching a sustainable real estate investment trust (REIT) with an initial valuation of between 950 million UAE dirhams ($259 million) and 1 billion dirhams. The "green" REIT portfolio will initially include four commercial properties at Abu Dhabi's Masdar city,…
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