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Mubadala appoints Nordell to lead infrastructure business

Real estate and infrastructure account for 17% of Mubadala's investment portfolio, which has generated a ten-year annualized return of 10%

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Richard Nordell speaks during a panel discussion at the CRE Finance Council's Miami 2026 meeting

Richard Nordell, the head of Mubadala’s real estate business, was appointed chief of the sovereign wealth fund’s infrastructure unit, replacing Saed Arar.

Nordell, who joined Mubadala’s real estate team in 2014 and rose to lead the unit in...