Aldar Properties has successfully raised $1 billion through its first-ever hybrid capital issuance, marking the largest conventional hybrid issuance in the Middle East. The offering attracted significant interest from both regional and international investors, with total orders exceeding $4.9 billion—an oversubscription of 3.8 times.

This groundbreaking move strengthens Aldar’s capital structure by introducing a hybrid layer for the first time. The funds raised will support the company’s ongoing growth plans, including landbank expansion, portfolio development, and acquisitions.

The issuance also achieved a high rating and the tightest credit spread for a corporate hybrid in the Central & Eastern Europe, Middle East, and Africa (CEEMEA) region, reflecting investor confidence in Aldar’s financial health and strategic direction.

Aldar’s Group Chief Financial and Sustainability Officer, Faisal Falaknaz, told Gulf Today that the strong demand from global institutional investors highlights trust in the company’s vision and its ability to deliver sustainable growth. He added that this milestone move lays a strong foundation for Aldar to continue creating value for stakeholders.

The final allocation of investors shows a diversified interest, with 41% coming from the Middle East and North Africa, 38% from the UK, 9% from Europe, 8% from North America, and 4% from Asia. This diversity underscores Aldar’s global appeal and its potential for long-term growth.