Masdar Green REIT is the first fund in Abu Dhabi Global Market to receive new ADGM Green Fund Designation

Masdar Green REIT is the first fund in Abu Dhabi Global Market to receive new ADGM Green Fund Designation

Abu Dhabi – The Masdar Green REIT, the first REIT in the region to invest solely in sustainable real estate, has received the ADGM Green Fund Designation from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) under its new Sustainable Finance Regulatory Framework, further affirming its leadership in advancing green real estate investment.  

Masdar Green REIT, established in the ADGM in 2020, is managed by Masdar Capital Management Limited and regulated by the FSRA. Its portfolio now includes 10 green buildings located in Masdar City, all of which have achieved either LEED Gold or Platinum certifications. The buildings fall within the office, residential, and R&D sectors. The USD 767 million portfolio has grown significantly since its inception, facilitated by a USD 200 million green loan from First Abu Dhabi Bank.

“The Masdar Green REIT is an outstanding case study on the economic opportunity of green real estate, and we are delighted to be the first in the ADGM to achieve the formal ADGM Green Fund Designation,” said His Excellency Abdulla Balalaa, the chairman of Masdar City and the Masdar Green REIT.  “All of our assets are generating sustainable returns, showing the demand for green real estate