Abu Dhabi – Mubasher: Aldar Properties has acquired high-quality warehousing and light industrial real estate assets in the Al Dhafra region from Waha Capital for AED 530 million.

The transaction adds 182,500 square meters of net leasable area (NLA) to Aldar Investment’s logistics portfolio, according to a press release.

The acquired freehold assets are located within the 6 million sqm ALMARKAZ Industrial Park.

ALMARKAZ, developed by Waha Land, is expected to open future collaboration opportunities between Aldar and Waha.

With near-full occupancy, the assets host a diverse tenant base that includes international, regional, and government-related entities.

Their flexible, modular design allows tenants to select from various unit sizes and building heights, making them adaptable to different operational needs.

Jassem Salah Busaibe, CEO of Aldar Investment, described the transaction as a strategic step aligned with Aldar’s goal to grow and diversify its recurring income streams.

He noted that the acquired assets at ALMARKAZ “provide well-established and high-quality warehousing with strong fundamentals and growth potential.”

Commenting from the seller’s side, Mohamed Hussain Al Nowais, Managing Director of Waha Capital, stated: “We are pleased to collaborate with Aldar on this milestone as we continue to unlock value and deliver strong returns for our shareholders.”

These properties join Aldar’s expanding logistics portfolio, which includes the Abu Dhabi Business Hub, 7 Central in Dubai Investments Park, and upcoming developments in National Industries Park (Jebel Ali) and Dubai South.

Aldar recently entered the top quartile of MSCI ESG Rating after securing an upgrade to ‘A’ rating in the latest assessment.