ADIA Hires Bill Schwab.

Summary: ABU DHABI u The Abu Dhabi Investment Authority said on Thursday that it has appointed Bill Schwab as Global Head of Real Estate, based in Abu Dhabi, with immediate effect.

Schwab, 56, will be responsible for leading a dedicated team of professionals in managing and implementing ADIAAEs global investment strategy in the real estate sector. He joins from J.P. Morgan, where he was a Managing Director in the European Real Estate Finance division with responsibility for the origination and execution of real estate transactions.

Prior to this, Schwab spent 5 years at Deutsche Bank as a Director in the Real Estate, Capital Structure & Underwriting department. He also previously served as Chief Lending Officer in the Real Estate division at Goldman Sachs and held a number of senior posts within the real estate and construction industries.

Commenting on the appointment, Majed Al Romaithi, Executive Director for Real Estate at ADIA, said: oBill is a highly regarded professional with broad knowledge and experience across all aspects of the real estate business and we are delighted to welcome him to the ADIA team. He will play an important role in guiding ADIAAEs investment strategy in this exciting and constantly evolving sector.o

Schwab said: oADIA has an excellent reputation as an established and sophisticated real estate investor with a focus on sustainable, long term returns. I am very excited to be working with such a high caliber team and contributing to ADIAAEs Aa continued success in the real estate space.o Aa Staff Aa Report

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