Azizi Developments Expands Manufacturing Presence with Second Major KEZAD Lease

Friday, 26 December 2025

Azizi Developments has signed a second 50-year lease agreement with KEZAD Group, securing 440,000 sqm of land to develop 12 new manufacturing facilities that will strengthen its construction, logistics and supply chain capabilities.

Key Highlights:

  • The lease agreement is valued at AED 2 billion (US$540 million)
  • New facilities will support Azizi’s expanding real estate project pipeline across the UAE
  • Development includes 12 advanced manufacturing units within KEZAD
  • Builds on the first 50-year lease signed in October for 220,000 sqm in KEZAD Al Ma’mourah
  • Initial investment supported steel fabrication, modular construction, aluminium, glass, and joinery facilities
  • Partnership reinforces Abu Dhabi’s industrial growth and integrated logistics ecosystem
  • KEZAD provides strategic connectivity, infrastructure, and scalable industrial solutions
  • Agreement reflects strong confidence in KEZAD’s long-term industrial platform