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Middle East Real Estate Giant Aldar Properties Creates A Billion-dollar Investment Firm

by cnbc.com posted 7months ago 37 views
United Arab Emirates (UAE) real estate developer Aldar Properties is spinning off its investment division to create 'Aldar Investments. ': United Arab Emirates (UAE) real estate developer Aldar Properties is spinning off its investment division to create a subsidiary with around $5.4 billion worth of iconic property assets. "It's another extremely exciting day in the Aldar story, we're launching Aldar Investments, the region's largest and most diversified investment company," Aldar Properties Chief Executive Talal Al Dhiyebi told CNBC's Hadley Gamble.

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