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IHC acquires 45% stake in Alpha Dhabi Holding

IHC acquires 45% stake in Alpha Dhabi Holding ABU DHABI, 10 hours, 56 minutes ago International Holding Company (IHC), one of Abu Dhabi’s leading conglomerates, has purchased a 45% stake in Alpha Dhabi Holding (formerly Trojan Holding).The transaction follows the IHC board meeting disclosure on March 4. Alpha Dhabi Holding was established in 2008 with a focus in the real estate and construction sector. Recently Alpha Dhabi’s Holding has embarked on building a diversified portfolio that manages, deploys, and organises a variety of entities within the construction, hospitality, industrial and capital verticals. This includes a stake in leading UAE real estate company Aldar Properties, which was acquired in late March through its subsidiary Sublime Commercial Investment from Mubadala Investment Company.

Mega deals flow in Abu Dhabi as SpaceX investor IHC buys 45% in construction giant Alpha Dhabi

Mega deals flow in Abu Dhabi as SpaceX investor IHC buys 45% in construction giant Alpha Dhabi
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

Aldar s Yas Island project sells out in 48 hours

“Central to this market-leading sales performance is Aldar’s commitment to addressing current market demand and launching customer-centric products.” Aldar has already generated more than Dh1 billion of sales at Noya Viva, the UAE s biggest listed developer said. The development contains 480 properties, including four-bedroom villas and two- and three-bedroom townhouses. Unit prices start from Dh1.65 million and are offered with a 40:60 payment plan, meaning 40 per cent is payable during construction and the remainder on completion. A 5 per cent down payment is required, according to the project s website. So far, UAE nationals account for 61 per cent of buyers, women 26 per cent and under 40s 42 per cent, the developer added. Some 63 per cent are first-time purchasers from Aldar, the developer said.

Trojan Holding LLC announces a change of name to Alpha Dhabi Holding Company

Trojan Holding LLC announces a change of name to Alpha Dhabi Holding Company
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.

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