PGIM, the $1.4 trillion global investment management business of Prudential Financial, has partnered with ADGM Academy (ADGMA), to launch the RealAssetX Abu Dhabi Innovation Centre (the Centre).
The RealAssetX Abu Dhabi is a cutting-edge lab dedicated to advancing sustainable technology, artificial intelligence (AI), and deep tech within the real asset industry.
Set to open in September this year at the ADGM Academy offices, the RealAssetX Abu Dhabi Centre will bring together global expertise to tackle the most pressing challenges and opportunities in real estate, infrastructure, smart cities, and related sectors.
Launched by PGIM in 2023, RealAssetX is underpinned by data from PGIM Real Estate and third-party sources. It partners with leading universities and technology companies around the world to research and develop new technologies that can be incubated and adopted by owners, operators and managers of real assets.
The RealAssetX Abu Dhabi Innovation Centre will focus on three key areas:
Climate technologies – advancing decarbonization and environmental resilience,
AI-driven decision-making – enhancing asset management and investment strategies through advanced analytics,
Breakthrough applications – exploring blockchain for real estate, smart infrastructure systems and advanced materials.
PGIM and ADGMA will jointly guide and oversee the Centre’s strategy and operations, as it delivers research, ideation labs, hackathons, pitch competitions, and incubator and accelerator programs in partnership with universities and technology companies. These programs are designed to nurture early-stage ideas and scale high-impact ventures, creating a dynamic ecosystem that bridges academia, entrepreneurship, and industry.
Mansoor Jaffar CEO ADGM Academy and Research Centre
“At ADGM Academy, we are dedicated to empowering the next generation of innovators by providing the tools, talent, and technology to transform ideas into impactful solutions. We are committed to building a vibrant ecosystem that nurtures early-stage ventures and accelerates breakthrough technologies in real assets. Our partnership with PGIM, supported by ADIO, will enable the RealAssetX Abu Dhabi Centre to drive innovation, support sustainable development, and position Abu Dhabi as a global hub for deep tech and smart infrastructure.”
Mohammed Abdulmalek, Head of Middle East at PGIM, commented that, “RealAssetX Abu Dhabi is a progressive step forward in shaping the future of real assets through innovation, and we’re proud to partner with ADGM Academy. By combining PGIM’s global investment expertise with ADGMA’s commitment to talent and technology, we are creating a platform that will drive sustainable growth, unlock new value, and position the region at the forefront of deep tech and AI-driven transformation. We look forward to driving innovation in real assets from Abu Dhabi.”
