Aldar expands logistics portfolio with Dh650 million KEZAD asset acquisition

Saturday, 25 April 2026

Aldar Properties acquires Dh650 million logistics assets in KEZAD, strengthening its industrial portfolio and reinforcing long-term growth in Abu Dhabi’s logistics sector.

Key Highlights

Aldar Properties has acquired a portfolio of industrial and logistics assets worth Dh650 million from a subsidiary of AD Ports Group, marking a strategic expansion in Abu Dhabi’s key economic zones.
The transaction includes assets within Khalifa Economic Zones Abu Dhabi (KEZAD Group), adding approximately 163,000 square metres of high-quality, income-generating warehouse space to Aldar’s growing portfolio.
The acquired assets consist of three purpose-built, multi-let warehouses located in KEZAD’s Al Ma’mourah cluster, currently 97% occupied with around 80 tenants across diverse sectors.
Leading tenants include DHL, Spinneys, and Noatum Logistics, highlighting the strength and diversity of the tenant base.
Aldar will oversee asset management, leasing, and property management, further strengthening its operational real estate capabilities and recurring income streams.
This acquisition builds on Aldar’s earlier investment in KEZAD logistics assets in 2025, reflecting a consistent strategy to scale its industrial and logistics platform.
With this addition, Aldar’s total logistics and industrial portfolio now exceeds 700,000 square metres, with a future pipeline surpassing 1.5 million square metres of leasable space.
The deal reinforces confidence in Abu Dhabi’s economic fundamentals and growing demand for high-quality logistics infrastructure, driven by trade, manufacturing, and supply chain expansion.
KEZAD’s strategic location near Khalifa Port, major highways, and Etihad Rail enhances its position as a leading regional logistics hub.
For AD Ports Group, the transaction supports capital recycling initiatives, enabling reinvestment into new infrastructure projects and strengthening long-term growth strategies.
The acquisition aligns with Aldar’s broader objective of expanding its income-generating asset base, which now exceeds Dh49 billion in assets under management, supporting sustainable returns and long-term value creation.