The outlook on the rating is stable. : Moody's Investors Service (Moody's) has assigned a Baa1 issuer rating to Aldar Investment Properties LLC (Aldar Investments), a private commercial real estate company that was recently established by Aldar Properties PJSC (Aldar Properties, Baa2 stable) as a subsidiary and into which it is transferring the bulk of its recurring revenue property assets. Aldar Investments is based in Abu Dhabi, United Arab Emirates. The outlook on the rating is stable.