UAE sovereign fund ADIA looking to raise $500m from sale of two Sydney hotels

UAE sovereign fund ADIA looking to raise $500m from sale of two Sydney hotels

Sydney, Australia. Photo by Liam Pozz on Unsplash

Abu Dhabi Investment Authority (ADIA) is selling two of its Sydney hotel properties which could fetch the sovereign wealth fund (SWF) about $500 million, two sources familiar with the matter said.