OREANDA-NEWS. January 30, 2013. Mubadala Pramerica Real Estate Investors, a 50/50 joint venture between Mubadala Development Company and Prudential Real Estate Investors, has named Faris Mansour director of capital markets. Prudential Real Estate Investors is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU).
 
MPREI’s mandate is to attract capital investment to the United Arab Emirates and other Gulf Cooperation Council countries by offering institutional-quality investment opportunities to both local GCC and international investors. In addition, MPREI creates global real estate investment strategies that are tailor-made for GCC investors. Faris will take a leading role in converting MPREI’s access to real estate transactions into investment vehicles that meet the needs of investors in the region.
 
 “Faris brings broad real estate investment advisory and capital markets experience to MPREI that solidifies our place as a leading real estate fund manager for GCC investors,” said Joe Bonner, chief investment officer for MPREI.
 “With the addition of Faris, we continue to build on the strength of our existing team, as we seek to expand our business and provide the best real estate investment opportunities the region has to offer to regional and global investors,” Laurent Depolla, MPREI board director said.
 
Before joining MPREI, Faris was head of private capital markets for Macquarie Capital in Dubai where he focused on both equity and debt capital-raising, restructuring transactions and joint venture arrangements. Prior to this, Faris was a senior member of the Macquarie Real Estate Funds Group based in Chicago. He has gained capital-raising, investment and advisory experience in the US, Middle East and North Africa over the course of his 15-year career.
Mansour earned bachelor’s degrees in economics from the University of Chicago.
 
Mubadala Pramerica Real Estate Investors, headquartered in Abu Dhabi, is a joint venture between Mubadala and Pramerica Real Estate Investors, the real estate investment and management business of Prudential Financial, Inc. (NYSE: PRU). The joint venture brings together best in class expertise and knowledge to offer highly attractive international investment opportunities, advice and management services in the real estate market.
Established and owned by the Government of Abu Dhabi, Mubadala Development Company’s strategy is built on the creation of partnerships and on long-term, capital-intensive investments that deliver strong financial returns and tangible social benefits for the Emirate of Abu Dhabi, and that contribute to the growth and diversification of its economy.
 
Mubadala brings together and manages a multi-billion dollar portfolio of local, regional and international investments and partners with leading global organizations to operate businesses across a wide range of industry sectors. These include aerospace, energy, healthcare, information communications and technology, infrastructure, real estate and hospitality, and services ventures.