Al Marzooqi: $1B Acquisition Cements Tabreed's Position

Abu-Dhabi based firm Tabreed has acquired local firm PAL Cooling in a joint venture with CVC DIF in a deal worth $1B. This will help expand Tabreed's portfolio and capabilities as the real estate sector in Abu Dhabi continues to grow. CEO of Tabreed, Khalid Al Marzooqi spoke to Bloomberg's Lizzy Burden on Horizons Middle East and Africa on the acquisition plus their expansion pipeline plans.