Gaw Capital Partners acquires Mamsha Gardens building for $1.17b

The property is slated for completion by 2028.

Gaw Capital Partners has acquired a residential building at Mamsha Gardens in Saadiyat Island in Abu Dhabi for over $1.17b (US$150m).

Developed by Aldar, the property features 7 residential buildings in Saadiyat Cultural District. Slated for completion in 2028, it comprises 71 serene units with a total saleable area of 176,046 sq ft.

The residential units are available in 1 to 3-bedroom apartments and 2 to 3-bedroom townhouses.

This landmark investment reflects our positive view on the dynamic Middle East market, its potential for growth and innovation, and our trust in Aldar as a leading UAE developer. We are committed to leveraging our expertise to drive value creation and sustainable development in the region,” Christina Gaw, Managing Principal, Global Head of Capital Markets and Co-Chair of Alternative Investments at Gaw Capital Partners, said.