T
he Abu Dhabi Investment Authority (ADIA) has made a significant investment in a South Korean real estate credit fund managed by SC Lowy, although the exact amount is not disclosed.

    The fund will provide financing to developers, construction companies, and domestic financial institutions, with a focus on senior-secured lending for residential, commercial, and logistics projects in major cities. This move aims to address the growing demand for private credit in South Korea's real estate sector.

    According to SooCheon Lee, SC Lowy's CIO, the fund offers innovative financing solutions that cater to the needs of the South Korean market. Mohamed Al Qubaisi, executive director of ADIA's real estate department, added that this investment aligns with their strategy of supporting differentiated private real estate credit platforms alongside partners with strong track records and market access.

    The partnership reflects the rapid growth of real estate private credit in South Korea, where SC Lowy is a leading provider of innovative financing solutions.