April 24th, 2026 - 08:30 GMT
Aldar today announced the acquisition of an industrial and logistics portfolio from AD Ports Group (ADX: ADPORTS) subsidiary Khalifa Economic Zones Abu Dhabi – KEZAD Group for AED 650 million. The transaction adds 163,000 square metres of modern, income-generating industrial and logistics space to Aldar's growing platform and builds on the company's deepening presence within KEZAD. The transaction comprises three purpose-built, multi-let warehouses within KEZAD's Al Ma'mourah cluster. The assets are 97% occupied with a diverse base of 80 tenants spanning food and beverage, FMCG, logistics, manufacturing, and technology services ...