Uae Property: Aldar, Ihc, And Adnec Group Create Region s Largest Property And Facilities Management Company menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The conglomerate, which has emerged as the largest company in the UAE by market cap at Dh277 billion in 2021, reported revenue of Dh28.56 billion with assets growing.
Abu Dhabi group ADQ has reached an agreement with International Holding Company for the acquisition of a 50 per cent stake in IHC s unit Eltizam Asset Management, a key provider of an integrated suite of strategic management and real estate services.
ADQ to buy 50% stake in IHC s Eltizam Asset Management zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
ABU DHABI, 3rd October 2021 (WAM) - The International Holding Company (IHC) has entered into a strategic partnership with ADQ, for a 50% stake in IHC subsidiary, Eltizam Asset Management Group, for a total cash contribution of AED 111.6 million through a new shares issuance.
Founded in 2009, Eltizam is among the leading physical asset management companies in the UAE and broader GCC. Eltizam provides its clients throughout the region with an integrated suite of strategic management and real estate services, and recently acquired Inspire.