Aldar and Mubadala acquire The Link at Masdar City for AED 654 million
Here's what it means for you.
This acquisition underscores the growing institutional interest in sustainable real estate within Abu Dhabi.
What happened
Aldar and Mubadala completed the acquisition of The Link at Masdar City 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.
- The acquisition supports Abu Dhabi's economic growth and sustainability goals.
Takeaway
This acquisition signifies a continued commitment to sustainable urban development in Abu Dhabi.
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.
"The National reflects Emirati policy perspectives while maintaining international editorial standards."
— A47 Editor
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...