ABU DHABI, UAE: Aldar Properties, the UAE’s leading real estate developer, investor, and asset manager, has announced a AED 1 billion investment to expand its logistics real estate business in Dubai and Abu Dhabi.

The investment covers the acquisition of operational assets and the development of new Grade A logistics facilities to meet the strong demand from various sectors, including 3PL, e-Commerce and retail.

As part of the investment, Aldar has acquired 7 Central logistics hub and an adjacent plot in Dubai Investments Park, which will increase the gross leasable area (GLA) of the facility to 38,000 sqm.

The company has also planned to build 233,000 sqm of new logistics facilities across the UAE, in partnership with established logistics real estate players.

This includes a 33,000 sqm GLA expansion of its premium logistics facility, Abu Dhabi Business Hub (ADBH), which is fully leased to institutional tenants such as Etihad, Mubadala and Twofour54.

The UAE’s logistics sector is growing rapidly, supported by substantial investment in transportation and infrastructure, as well as the diversification of the economy. Aldar is well-positioned to capitalize on this growth and provide high-quality logistics solutions to its customers.

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar Properties, said: “Asset and geographic diversification are core tenets of our growth strategy, and logistics is becoming an important asset class for Aldar. We are experiencing particularly strong demand for high-grade facilities in the UAE, driven by robust intra-regional trade, high-quality infrastructure, and an expanding digital economy. Aldar is well positioned to capitalise on this growth, deploying a unique blend of expertise in development, balance sheet investment, and asset management to create substantial value.”

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