A subsidiary of the Abu Dhabi Investment Authority (Adia) committed capital to DignariCapital Partners’ APAC Developed Markets Private Credit Strategy, according to a press release (pdf). The vehicle will focus on providing real estate financing across developed markets in the Asia-Pacific region, with a particular emphasis on Hong Kong, where it will offer short-term and refinancing loans and help convert properties into student accommodation and upgrade hotels.

The beneficiaries: The strategy plans to lend to developers, construction companies, financial institutions, and investors. It will target residential and office real estate, as well as retail, student housing, serviced apartments, co-living projects, data centers, and logistics facilities.

Adia’s on a real estate financing roll: The authority partnered with French investment firm Adrian last week to launch a new real estate secondaries platform. Back in 2024, Adia made an AUD 300 mn (USD 199.8 mn) investment in Australian real estate private credit company Qualitas Diversified Credit Investments, and it has been pledging bns of USD to private credit strategies across the world.

Why it matters

Private credit helps support borrowers in markets where bank lending has become more limited, particularly in jurisdictions that offer strong protections for creditors. It also “complements banks and supports borrowers’ needs for speed and certainty of execution,” said Mohamed Al Qubaisi, executive director of the real estate department at Adia.

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