Partners Group, GIC, TPG Rise Climate and Mubadala Announce Agreement to Acquire Techem for AED 29 billion
Mubadala Investment Company (“Mubadala”), the Abu Dhabi based investment company, alongside Partners Group, one of the largest firms in the global private markets industry, GIC, a leading global investor, and TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform, announced a joint agreement to acquire Techem, an international provider of digitally enabled solutions for the
11,900 New Homes To Be Delivered In Abu Dhabiby Year End, But Demand For Residential Real Estate Could Outstrip Supply – Cavendish Maxwell
Abu Dhabi is set to add 11,900 new homes to its residential real estate inventory by the end of 2025, but population growth and increased investor interest could mean that demand for housing outpaces supply, according to new insight from leading real estate advisory and property consultant, Cavendish Maxwell. The UAE capital delivered 600 new residential properties in Q1 this year,
Property Finder Partners With The Abu Dhabi Real Estate Centre (ADREC), Ahead Of Madhmoun Launch
Property Finder, MENA’s leading property portal has partnered with the Abu Dhabi Real Estate Centre (ADREC) to launch a series of agent training initiatives to support the upcoming launch of the Madhmoun platform. Madhmoun, which means “verified” in Arabic, is Abu Dhabi’s first-ever Multiple Listing Service (MLS) platform and a one-stop solution for all real estate practitioners. These training sessions by
Modon sells out ‘Wadeem’ on Hudayriyat Island for AED5.5 billion
Modon has announced the complete sell-out of Wadeem on Hudayriyat Island within 72 hours of launch, generating sales of AED5.5 billion. The sales place Wadeem as 2025’s highest-valued real estate release in Abu Dhabi to date. Bill O’Regan, Group CEO of Modon Holding, said, “As demand for high-quality real estate in prime locations grows, Modon continues to strengthen its position as a
Modon Launches Wadeem, Its First Residential Plots Community On Hudayriyat Island
Modon has announced the launch of Wadeem, its first residential plots release on Hudayriyat Island to offer discerning buyers the opportunity to design and build their own dream homes in one of Abu Dhabi’s most desirable emerging locations. Set opposite Abu Dhabi’s prestigious Al Bateen area, Wadeem is the first new offering of land so close to the city’s most exclusive
Mubadala Announces Agreement to Invest in Loscam International
Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to acquire a 30% stake in Loscam International, a leading provider of pallet pooling and returnable packaging solutions across the Asia-Pacific region. Mubadala will join the existing shareholder group alongside Trustar Capital, the private equity affiliate of CITIC Capital Holdings Limited; FountainVest, one of Asia’s leading independent private equity firms;
Aldar Acquires Integrated Logistics Assets In ALMARKAZ From Waha Capital
Aldar has acquired high-quality warehousing and light industrial real estate assets in the Al Dhafra region of Abu Dhabi from Waha for AED 530 million. The assets, which are located at ALMARKAZ Industrial Park - a flagship Industrial and Business Park Development - add 182,500 sqm of net leasable area (NLA) to Aldar Investment’s income-generating logistics portfolio. The freehold assets are
Tabreed, CVC DIF to acquire Abu Dhabi’s PAL Cooling from Multiply Group
CVC DIF, the infrastructure strategy of leading global private markets manager, CVC, and Tabreed, the world’s leading district cooling company, have entered a partnership to acquire PAL Cooling Holding from Abu Dhabi’s Multiply Group. The transaction, with an equity value of approximately AED3.8 billion, includes three long-term concessions in the Abu Dhabi main island area and five long-term concessions on Al
Aldar Enters Top Quartile Of MSCI Ranked Global Real Estate Companies With Esg Rating Upgraded To ‘A’
Aldar has been upgraded to an ‘A’ rating in the latest MSCI ESG Rating assessment, placing the company in the top quartile of real estate companies tracked by MSCI globally. The rating upgrade reflects the company’s continued progress in strengthening its environmental, social, and governance practices across its operations in alignment with global sustainability standards. MSCI is a leading global rating
Aldar Generates More Than AED3.4bln In Sales At Fahid Island During Launch Week
Following exceptional interest in Fahid Island - Abu Dhabi’s first coastal wellness destination and the world’s first Fitwel certified island - Aldar today announced it has generated over AED 3.5 billion in sales at Fahid Beach Residences and The Beach House, the island’s first residential developments released during launch week. The Fahid Island homes attracted a diverse pool of buyers, drawn