Mubadala Pramerica Real Estate Investors names Faris Mansour director of capital markets
Mubadala Pramerica Real Estate Investors, a 50/50 joint venture between Mubadala Development Company and Pramerica Real Estate Investors, has named Faris Mansour director of capital markets.
Pramerica Real Estate Investors is the real estate investment management and advisory business of Prudential Financial.
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 tailormade 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,” says Joe Bonner, chief investment officer for MPREI.
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.
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