Gaw Capital Partners Acquires Premium Residential Property in Abu Dhabi

Gaw Capital Partners, a prestigious private equity firm recognized for its focus on real estate markets, has made a significant entry into the Middle East with the acquisition of a residential building at Mamsha Gardens, located in Abu Dhabi’s Saadiyat Cultural District. This marks the firm's first venture in the UAE, with the acquisition exceeding a net price of US$150 million. Developed by Aldar, one of the leading property developers in the UAE, Mamsha Gardens is an exclusive residential project nestled among world-class cultural attractions like the Louvre Abu Dhabi, and the forthcoming Guggenheim Abu Dhabi. The property is set to be completed by 2028 and offers 71 units with various apartment and townhouse configurations. Amidst rising property prices and rental rates driven by foreign investments and population growth, this strategic investment underlines Gaw Capital's confidence in the robust Middle Eastern market, particularly Abu Dhabi’s burgeoning real estate sector. Commenting on the deal, executives from both Gaw Capital and Aldar highlighted the synergy between the investment capabilities of Gaw Capital and the esteemed development acumen of Aldar. This transaction accentuates the ongoing trend of global investors looking favourably towards Abu Dhabi's maturing real estate landscape. Aldar continues to dominate as a leading development force in the UAE, with a diversified portfolio and a strategic presence across various property segments.