Aldar has reached an agreement to purchase a significant industrial and logistics portfolio from a subsidiary of AD Ports Group for AED 650 million. The deal with Khalifa Economic Zones Abu Dhabi – KEZAD Group was announced in Abu Dhabi on 23 April 2026. This acquisition adds 163,000 square metres of modern warehouse space to the growing investment platform managed by Aldar.

The portfolio consists of three purpose-built warehouses located in the Al Ma’mourah cluster of KEZAD. These assets are currently 97% occupied by a variety of 80 tenants. High-profile companies such as DHL, Spinneys and Noatum Logistics are among the anchor tenants. The units serve sectors including food and beverage, technology services and manufacturing. Aldar will now take over all leasing and property management duties for these sites.

“This acquisition reflects our confidence in Abu Dhabi’s long-term economic fundamentals and the structural drivers underpinning demand for quality real estate across the emirate. KEZAD is one of the most strategically significant logistics destinations in the region, and the quality of the tenant base and income profile of these assets speaks for itself. We are building an industrial and logistics platform with real scale, institutional rigour, and flexibility to serve a wide spectrum of occupiers. This transaction is a significant step in that journey, and we look forward to continuing to work with AD Ports Group as we grow our presence across the zone,” said Jassem Saleh Busaibe, Chief Executive Officer of Aldar Investment.

This latest move marks the second time Aldar has bought assets from AD Ports at KEZAD within a year. It follows the purchase of the Noon and Emtelle facilities in November 2025. Abdullah Al Hameli, CEO, Economic Cities & Free Zones Cluster – AD Ports Group, said: “The successful sale of the three KEZAD Logistics Park warehouses to Aldar reinforces the strength of our asset monetisation model, which enables us to unlock capital at scale and redeploy it with discipline into high-return growth opportunities, including the expansion of our warehouse infrastructure, while continuing to de-leverage the Group’s balance sheet. As our second transaction with Aldar in less than a year, this milestone reflects sustained investor confidence in KEZAD’s world-class industrial ecosystem, and the strength and resilience of Abu Dhabi’s industrial and logistics real estate market.”

The acquired assets are situated near Khalifa Port with links to the E11 and E311 motorways and Etihad Rail. Aldar now manages more than AED 49 billion of assets in total.