Apollo acquires $400mn stake in Aldar Investment Properties

Following completion of a $400mn transaction, Apollo, through its managed investment vehicles, has acquired an 11.1% minority stake in Aldar Investment Properties...

Consultant

Hill International appointed to provide PMC services for Aldar Properties’ projects

Hill International has been selected by Aldar Properties to provide project management support for two projects in Abu Dhabi - Phase One...

Consultant

CBRE advises Aldar Properties on $221mn RAK hospitality deal

Valuation and technical due diligence advisory services on Aldar Properties’ purchase of the DoubleTree by Hilton Resort & Spa, Al Marjan Island...

Property

Aldar to acquire four towers in deal worth $1.7bn

Four prime Grade A commercial towers in the Abu Dhabi Global Market (ADGM), which is located on Al Maryah Island, will be...

Construction

Aldar launches $544mn second phase of Alreeman II development

Aldar Properties has launched the second phase of its Alreeman II development. ‘Fay Alreeman’ is said to be a $544mn master-planned residential...

Consultant

RAK Hospitality sells Rixos Bab Al Bahr Ras Al Khaimah to Aldar Properties for $209.6mn

RAK Hospitality has confirmed the sale of one of its hotel assets, the 715-key, all-inclusive Rixos Bab Al Bahr in Ras Al...

Construction

Aldar announces launch of Louvre-branded residences

Aldar Properties has announced what is billed as a world-first partnership with Louvre Abu Dhabi. The deal will see the world’s first...

Consultant

Al Hamra sells Al Hamra Mall to Aldar Properties for $111.62 million

Al Hamra, the Ras Al Khaimah based real estate development and investment company in Ras Al Khaimah, has divested one of its...

Construction

Aldar awarded $2.3bn worth of contracts in 2021

Aldar Properties, the UAE-based property developer, has announced that 16 contracts worth more than $2.3 billion were awarded across Abu Dhabi in...

Consultant

Aldar Properties inks clean energy supply deal with EWEC

Aldar Properties has inked a clean energy agreement with Emirates Water and Electricity Company (EWEC). Through the agreement, 100% of Aldar’s owned...