Abu Dhabi s Waha Capital, through its subsidiary Waha Land, has agreed to the sale of 17 leased warehouse buildings at the Almarkaz Industrial Development to Peninsula Real Estate Management Limited for AED555 million ($151.1 million).
DUBAI: Peninsula Real Estate Management Limited has acquired 17 leased warehouse buildings at the AL MARKAZ Industrial Development from Waha Capital, through its wholly owned subsidiary, Waha Land, for 555 million dirhams ($151 million), according to a statement. AL MARKAZ is a mixed-use industrial development developed by Waha Land in Al Dhafra, 35 km west of Abu Dhabi. It