aldar properties
Aldar to take full ownership of Etihad Plaza, Etihad Airways Centre Dubai: Aldar Investments announced on Wednesday it will be acquiring full ownership of Etihad Plaza and Etihad Airways Centre from Abu Dhabi’s Etihad Group for Dh1.2 billion. The transaction is expected to complete in the second quarter of this year, and will come in…
‘Provis’ spun off from Khidmah will also be involved in property sales and leasing Dubai: Abu Dhabi’s Aldar Properties has set up a new entity — Provis — to pick up potential business in managing homeowners associations, property management, and even in the sales and leasing of residential and commercial properties. It follows close on…
Abu Dhabi developer in final stages of creating structure for joint venture Dubai: Aldar Properties is in the “final stages” of creating a formal structure for its joint venture with Emaar, an alliance that will see Dh30 billion worth of investments being channelled into the UAE’s real estate sector. The design for the two initial…
Aldar Properties has announced that handovers of villas within its West Yas community will commence this month. The handover process will be undertaken in phases, the first of which incorporates 300 villas, and continue throughout the remainder of 2018, the developer said in a statement. Launched in September 2015, the AED3.2 billion ($870 million) West…
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