This is the sovereign wealth fund's biggest Asian property investment. Under the deal, a unit of New World will hold 50 percent of the venture, with Abu Dhabi Investment owning the rest. The hotels include the Grand Hyatt in Hong Kong, Renaissance Harbour View and Hyatt Regency Hong Kong hotel.
Abu Dhabi Investment Authority (ADIA) is listed in the Middle East Investors Directory with the code BD43.
More details follows from Reuters
Previous Post: Dubai venture capital firm MVI acquired stake in London startup Bidvine
Next Post: Marka acquires chain restaurant Reem Al Bawadi