Aldar and Mubadala Acquire 'The Link' in AED 654 Million Deal
Here's what it means for you.
This acquisition signals a robust commitment to sustainable urban development in Abu Dhabi, potentially influencing investment trends in the region.
What happened
Aldar and Mubadala completed the acquisition of 'The Link' for AED 654 million.
The Context
- The Link comprises approximately 32,000 square meters of net leasable area across five buildings.
- The asset is fully leased to tenants including Masdar and MBZUAI.
- This acquisition reflects ongoing investment momentum in Abu Dhabi's real estate and innovation sectors.
Takeaway
The acquisition underscores the growing confidence in Abu Dhabi's economic fundamentals and its commitment to sustainable development.
Arabic-language economic and business reporting with strong UAE market relevance.
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«الدار» و«مبادلة» تستحوذان على «ذا لينك» بـ 654 مليون درهم «الدار» و«مبادلة» تستحوذان على «ذا لينك» بـ 654 مليون درهم
Aldar Group and Mubadala Investment Company have announced their acquisition of the Link project in Masdar City for a strategic deal valued at 654 million dirhams. This acquisition marks a significant investment in the development of sustainable urba...
UAE-based newspaper covering Gulf politics, society, and international developments.
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Aldar, Mubadala acquire Masdar City asset ‘The Link’ for Dh654 million
Aldar and Mubadala have acquired the Masdar City asset known as 'The Link' for Dh654 million, marking a significant investment in sustainable urban development in Abu Dhabi. This acquisition aligns with the ongoing growth and transformation of Masdar...
UAE-based English-language newspaper covering regional politics, economics, and global affairs.
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Aldar and Mubadala joint venture acquires The Link at Masdar City for $178 million
Aldar Properties and Mubadala Investment Company have entered into a joint venture to acquire The Link at Masdar City for $178 million, marking a significant investment in the sustainable development of the region. This acquisition aligns with both c...