The contractor has won a series of deals in the region recently, including the development of Abu Dhabi’s main airport and the building of a Louvre Museum.
Guest numbers in the emirate’s hotels and hotel apartments soared 32 per cent in Q1 2014, authorities say.
The transaction was formally launched to price at 115 basis points over midswaps, a document from the lead banks said.
The project was designed by award-winning architects Rafael Vinolycovers and developed by state-owned investment company Mubadala.
NBAD, 70 per cent owned by the Abu Dhabi government, has been realigning its business under new chief executive Alex Thursby, who took charge last summer.
NBAD’s chief executive said fierce competition combined with global interest rate pressure was starting to drive down the profitability of lending.
The German airline had said last month it was in talks over certain options that prompted speculation that Etihad could gain more control over the carrier.
This morning sees the second round of diversions in as many months
The state-owned developer is focusing on developing mid-tier real estate projects in Abu Dhabi.
Etihad has so far refused to negotiate with Italy’s unions, which have sunk negotiations between Alitalia and other bidders in the past.
The 10-year loan is the first such facility agreed between ADCB and NIC.
The airport welcomed around 4.5 million passengers during the first three months this year.
The lender made a net profit of Dhs409.5 million ($111.5 million) in the three months to March 31.
The waterfront development includes 225 residential apartments and a 200 room five star hotel.
The developer has launched three new projects in Abu Dhabi worth $1.4 billion, it said in a bourse statement.
Kizad said that around 83 per cent of the logistics park has been pre-leased to a number of local and international firms.
Mubadala, which has stakes in GE and private equity firm Carlyle, saw net profit tripling over the last year.
The airline’s growth in revenue was aided by an increase in passengers resulting from its codeshare and equity partnerships.
Cargo traffic at Abu Dhabi’s Khalifa and Zayed ports combined is expected to top 12 million tonnes this year, up from 9.3 million tonnes in 2013.
ExxonMobil, Royal Dutch Shell, Total and BP have each held 9.5 per cent equity stakes in the ADCO concession since the 1970s.
Mubadala was last in the market in April 2011 through a $1.5 billion five-and 10-year trade.
The UAE capital recently removed its five per cent rent cap, which is already impacting rates, says CBRE report.
The UAE capital has 778,000 sq m of new retail space in its development pipeline, says CBRE.
The Gulf carrier is expected to give a proposal to the Italian airline soon to start formal talks on the potential investment.
Cruise liner Queen Elizabeth will arrive on April 17 at Zayed Port as part of a 2014 World Cruise programme and will spend a day in Abu Dhabi.
German media reports last month said the UAE-based airline could increase its stake in Air Berlin to 49.9 per cent from the current 30 per cent.
The Abu Dhabi real estate developer owns a 60 per cent stake in property management firm Khidmah.
AerLift Leasing was established in 2010, with Waha Capital owning a 60.7 per cent stake.
UniCredit, which is one of Alitalia’s creditor banks, owns a 13 per cent stake in the airline after it took part in a 500 million euro share issue.
Etihad has finished reviewing Alitalia’s books as it considers whether to invest as much as 300 million euros via a capital increase, sources say.