Referring to data from IPE Real Assets “Not only have large institutional real estate investors become more ‘global’ in origin, they are investing more globally.”

“Institutional investors have been increasing their portfolio allocation to alternative investments including real estate.”

Being one of the richest sovereign wealth funds in the world, ADIA’s real estate projects include the $2bnn-plus high-end residential Waterline Square development on New York’s Hudson River, the 200mn euro deal with developer Bouygues Batiment lle-de-France for constructing a 38-storey office tower in Paris and the Mall of Switzerland opened last November.

In real estate, ADIA oversees assets worth $62.1bn enabling it to become the world’s number one real estate investor, said Credit Agricole’s IndoSuez Wealth Management in a research statement. This accounts for 7.5% of the total assets under its supervision.

Additionally, ADIA also handles reserves of the emirate of Abu Dhabi, which is said to produce three percent of the world’s oil output.

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