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aldar properties

Aldar to acquire Etihad properties for Dh1.2b

Aldar to acquire Etihad properties

Aldar to take full ownership of Etihad Plaza, Etihad Airways Centre Dubai: Aldar Investments announced on Wednesday it will be acquiring full ownership of Etihad Plaza and Etihad Airways Centre from Abu Dhabi’s Etihad Group for Dh1.2 billion. The transaction is expected to complete in the second quarter of this year, and will come in…

Aldar sets up company to handle property management services

property management services

‘Provis’ spun off from Khidmah will also be involved in property sales and leasing Dubai: Abu Dhabi’s Aldar Properties has set up a new entity — Provis — to pick up potential business in managing homeowners associations, property management, and even in the sales and leasing of residential and commercial properties. It follows close on…

Aldar set to begin handover of $870m West Yas project

Aldar properties

Aldar Properties has announced that handovers of villas within its West Yas community will commence this month. The handover process will be undertaken in phases, the first of which incorporates 300 villas, and continue throughout the remainder of 2018, the developer said in a statement. Launched in September 2015, the AED3.2 billion ($870 million) West…