Latest Breaking News On - Abu dhabi aldar properties - Page 2 : comparemela.com

Abu Dhabi's Aldar Properties has bought London-based developer London Square for an enterprise value of 1.07 billion dirhams ($291 million) in its first acquisition outside the Middle East. "Aldar intends to leverage its expertise and balance sheet to support London Square's land acquisition strategy to enable it to develop larger and prime central London sites," the two companies said in a joint statement on Friday. The companies said the transaction should also have a positive impact on sales, given the opportunities to cross-sell across their respective customer base.

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