Aldar Investment Launches Logistics Real Estate Vertical Through the Acquisition of Abu Dhabi Business Hub albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
ABU DHABI: Aldar Investment, an Abu Dhabi-based real estate investment company, has acquired a 70 percent equity interest in Abu Dhabi Business Hub, valued at $136 million, to launch Aldar Logistics, its new logistics real estate arm, news agency WAM reported. Aldar Logistics will focus on the UAE market, with potential plans to expand to Saudi Arabia and Egypt. According to
Imdaad has secured a three-year contract to deliver a full spectrum of hard and soft facilities management solutions, together with specialised services at the Abu Dhabi Business Hub, a premium business park located in the Industrial city of Abu Dhabi.