ADIA Invests in Macau Mall Development

Posted on 06/23/2016


The Abu Dhabi Investment Authority (ADIA) embarked on a 50:50 joint venture with Shun Tak Holdings Limited, a Hong Kong conglomerate, to invest in a shopping mall in Taipa, Macau. ADIA is investing approximately HK$ 3.2302 billion (US$ 416 million) through its sovereign wealth enterprise HIP Company Limited for a 50% ownership stake in phase […]