The Apollo-led consortium will buy 49% of a property leasing unit established by United Arab Emirates’ state-owned energy producer Abu Dhabi National Oil Co.
(Source: Bloomberg Markets and Finance YouTube channel)
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Video: Apollo’s Zelter on Abu Dhabi property deal with Adnoc
Apollo Global Management Co-President Jim Zelter discusses the private equity giant’s decision to invest $2.7 billion in Abu Dhabi’s property market along with a group of pension and insurance funds, in one of the largest real estate deals in the Middle East.
