Abu Dhabi Sovereign Wealth Fund Allocates More Capital to Logistics Partnership
The thirst for logistical property opportunities are driving yield-hungry sovereign wealth funds and other institutional investors to invest larger amounts of capital in real assets. Australia-based Goodman Group, who has partnered with institutional investors like the China Investment Corporation, Malaysia’s Employees’ Provident Fund and the CPPIB, inked a deal with the Abu Dhabi Investment Council to invest more capital in their 50:50 Japan logistics development joint venture. The Goodman Group and Abu Dhabi Investment Council will each throw in an additional US$ 150 million each to the development partnership.
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