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Abu Dhabi’s ADNP Forms Alliance with Hines
ABU DHABI — Abu Dhabi National Property Company PJSC, or ADNP, the real estate arm and subsidiary of the National Bank of Abu Dhabi, and Hines, the international real estate firm, have formed a strategic alliance to become the UAE’s premier commercial and mixed-use property manager.
The alliance announced at the recent Abu Dhabi Investment Forum in London, will cover select real estate projects in the Middle East, according to a release received here from the National Bank of Abu Dhabi.
ADNP is one of the top real estate property management companies in Abu Dhabi, with a current portfolio of over 8,000 units under management. The company undertakes extensive in-house and external real estate valuation and advisory services, besides providing first-class property management services.
Hines has managed investment-grade properties for more than half a century and is currently responsible for more than 11,000,000 square meters of property around the world.
With offices in more than 100 cities in 17 countries, and controlled assets valued at approximately $22.9 billion, Hines is one of the largest real estate organisations in the world.
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