Aldar And Arada Form AED 15 Bln Strategic Partnership on New Developments In Abu Dhabi

By Reuters News

Sept 30 (Reuters) - Aldar Properties ALDAR.AD:

  • ALDAR PROPERTIES PJSC - ALDAR AND ARADA FORM LANDMARK AED 15 BILLION STRATEGIC PARTNERSHIP TO DELIVER MAJOR NEW DEVELOPMENTS IN ABU DHABI

  • ALDAR PROPERTIES - INITIAL AGREEMENT INCLUDES A JOINT VENTURE TO CO-DEVELOP A LARGE-SCALE MIXED-USE COMMUNITY

  • ALDAR PROPERTIES - ALSO ACQUIRED THREE STRATEGICALLY LOCATED PLOTS FROM ALDAR ON YAS ISLAND THAT WILL BE DEVELOPED FOR RESIDENTIAL USE

  • ALDAR PROPERTIES - YAS ISLAND AND SEIH SDEIRAH TRANSACTIONS REPRESENT THE FIRST PHASE OF THE STRATEGIC PARTNERSHIP

  • ALDAR PROPERTIES - PARTIES INTEND TO EXPLORE FURTHER AREAS OF COLLABORATION ACROSS SECTORS, ASSET CLASSES AND GEOGRAPHIES IN UAE


Further company coverage: ALDAR.AD

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