Abu Dhabi’s Aldar Properties has agreed to buy developer London Square in its first acquisition outside the Middle East.
London Square bought by giant Abu Dhabi property firm in £230m deal
Aldar recently expanded from its Abu Dhabi base into the Emirates of Dubai and Ras Al Khaimah and has established a presence in Egypt, and the London Square purchase is intended t …
Abu Dhabi firm buys Nine Elms developer London Square for £230m
Aldar Properties said on Friday it has expanded outside of the Middle East for the first time after securing the takeover of the London-based firm.
Dubai real estate sector sees $2.4bn of transactions this week, including huge $41m mortgage in Palm Jumeirah
Dubai saw real estate and property transactions valued at AED8.3bn ($2.4bn this week, according to Dubai Land Department data. In the week ending December 1 there were 1,802 transactions. In total 422 …
Top Abu Dhabi developer buys London Square for $291 million
Abu Dhabi’s Aldar Properties has bought London-based developer London Square for an enterprise value of 1.07 billion dirhams ($291.4 million) in its first acquisition outside the Middle East.”Aldar …
Aldar acquires UK property developer London Square for $291m
Aldar Properties, Abu Dhabi’s biggest listed developer, has acquired UK developer London Square for Dh1.07 billion ($291 million), marking its first acquisition outside the Mena region as the company …
Abu Dhabi’s Aldar buys UK developer London Square for $291mln in first foray beyond MENA
Abu Dhabi’s Aldar Properties has competed the acquisition of the London-based developer, London Square, for an enterprise value of 1.07 billion dirhams ($291 million) in its first foray beyond the …
UAE’s Aldar Properties buys London developer in Dh1.07-billion deal
Aldar Properties, a top real estate developer in Abu Dhabi, said on Friday that it has completed the acquisition of London-based developer London Square in..
Dubai real estate experts silence ‘oversupply’ concerns as UAE sees influx of luxury property developments
Imaghe: Shutterstock Dubai property experts have silenced concerns over a looming oversupply issue as the emirate sees a recent uptick of announcements for new luxury real estate projects ranging from …
Dubai real estate: Property market hits 9-year high, breaking 2014 records
This marks a substantial increase and surpasses the previous record set in 2014, signifying a robust performance in Dubai’s property market …
Abu Dhabi weighs bid for US$1 billion PCCW fibre unit stake
ABU Dhabi Investment Authority is considering bidding for a stake … holds interests in businesses including telecommunications, media, IT solutions, property development and investment, its website …
UAE issues new AED500 note; ‘Best time’ to buy Dubai property; December petrol price change – 5 trending stories to read today
On Wednesday, Arabian Business covered some of the most happening stories in the region, which included UAE issuing a new AED500 note to celebrate COP28 and National Day; Netflix to release …
Beyond Ray Dalio: As billionaire hedge fund managers flock to the Middle East, a key official lays out his vision of Abu Dhabi as a financial hub
There’s London, New York, and Hong Kong, of course. More recently, Miami and Singapore have made strong cases as emerging financial hubs. And now—Abu Dhabi?
10 sparkling long weekend ideas in Abu Dhabi: December 1 to 4
December is nigh, and here are our picks of things to do in the capital this long weekend… Friday, December 1 Catch slam-bang action at the Abu Dhabi T10 View this post on Instagram A post shared by …
My Own Home: Dubai resident’s waterfront penthouse surges by Dh2 million in two years
My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in Ben Harvey, the chief executive of digital and …
Dubai developer awards massive $1.2bn contract for Vegas-style island project, MGM, Bellagio hotels planned
The Island has been under development for several years and is a new 10.5 hectare project off the coast of Umm Suqeim. Located near the Burj Al Arab, Jumeirah Beach Hotel and public beach it is tipped …
A new dawn for real estate as UAE prepares to exit FATF Grey List
For developers and property buyers, the UAE’s exit from the grey list may lead to more favourable financing options. International banks and financial institutions may become more willing to provide …