Abu Dhabi Plans To Launch Global Real Estate Fund

State-owned Abu Dhabi Investment Co (ADIC) is planning to launch an international real estate fund, along with four other funds, to invest in firms whose valuation has been affected by the global financial crisis, its head of private equity said. The next two years will provide a fantastic time for private equity, a window of opportunity that you will not see in a few years to come," Samir Assad Sama'an told reporters at a forum in Abu Dhabi. ADIC is launching an international real estate fund shortly and four different funds in four weeks," Sama'an said, declining to give details. Although our focus is the Middle East and North Africa, this is a fantastic time for global real estate.