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3rd Party: 10 Dec 2024
RB Capital/Royal Holdings announced today that it will be launching their family office in Abu Dhabi. The Singapore real estate conglomerate made the announcement during the Abu Dhabi Finance Week 2024, running from December 9 to 12, 2024.
The opening of the group’s family office will expand their reach across the Middle East with their newly set up office in ADGM. The office will work to foster partnerships and joint ventures in the region.
“The establishment of our family office in Abu Dhabi marks an exciting chapter in our journey to build our presence in the Middle East,” said Kishin RK, CEO of RB Capital. “While our roots remain firmly in Singapore, ADGM offers a strategic platform for us to broaden our investment horizons, and tap into new opportunities across the UAE and the Middle East.”
RB Capital/Royal Holdings’ efforts will be bolstered by ADGM, the international financial centre strategically located in the capital of United Arab Emirates (UAE), Abu Dhabi. Its world-class banking and investment infrastructure, along with its growing ecosystem of key stakeholders, will also contribute to the leading financial hub’s long-term growth.
ADGM is proud to welcome RB Capital/Royal Holdings as they establish their family office in Abu Dhabi,” said Arvind Ramamurthy, Chief Market Development Officer at ADGM. “This move highlights the increasing global confidence in Abu Dhabi’s position as a leading financial hub. We look forward to supporting RB Capital/Royal Holdings in unlocking growth opportunities across the region and fostering strategic partnerships that will drive long-term value.”
The family office will enhance the group’s ability to manage and grow its portfolio by tapping into the exponential growth in the region. It will complement RB Capital/Royal Holdings’ established operations in Singapore, and provide diversity to the group’s legacy.
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