Aldar, a company listed on the Abu Dhabi stock exchange, has made a significant investment of 530 million UAE dirhams (approximately $144 million) to acquire logistics assets located in the Al Dhafra region of the UAE capital. This strategic move aims to enhance Aldar’s logistics portfolio in a growing industrial area.

The newly acquired assets, situated within the AlMarkaz Industrial Park, will contribute an additional 182 500 square meters of net leasable area (NLA) to Aldar Investment’s income-generating logistics portfolio. Aldar indicated that these freehold assets, developed by Waha Land— a fully owned subsidiary of Waha Capital— possess economic zone status, which also allows for potential further development in the area.

Aldar’s logistics portfolio currently includes notable properties such as the Abu Dhabi Business Hub and 7 Central in Dubai Investments Park, along with future developments planned for the National Industries Park in Jebel Ali and other sites in Dubai South.