Global master developer Arada will launch Arada Capital, a new funds management platform to develop and manage institutional-grade investment opportunities across real estate asset classes in the Middle East and selected international markets. To be based in the Abu Dhabi Global Market (ADGM), Arada Capital has received its In-Principle Approval (IPA) from the ADGM's Financial Services Regulatory Authority (FSRA) and is in the process of seeking the final licensing approvals from the FRSA to act as a fund manager. Following that approval Arada Capital's funds will be designed to allow institutional and qualified investors to participate directly in Arada's pipeline and