ADCM expands in Montenegro
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Abu Dhabi Capital Management (ADCM) recently announced that it has signed an agreement to invest in building a business hotel in Montenegro. The hotel will form part of the Atlas Capital Center, one of the region’s mixed-use development projects.
The six-story hotel is expected to be completed by end of 2015. Jassim Alseddiqi, chief executive officer of ADCM, said: “Once completed in 2015, the hotel in Atlas Capital Center will be the largest in Podgorica and will be operated by an international operator.”
Abu Dhabi Capital Management is focused on alternative investments in GCC, UK and Eastern Europe.
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