Trending

    Aldar and Mubadala acquire 'The Link' in Masdar City for AED 654 million

    Section editor: ·Low5 articles covering this·3 news sources·Updated a month ago·UAE
    Share:
    Aldar and Mubadala acquire 'The Link' in Masdar City for AED 654 million

    Here's what it means for you.

    This acquisition signals a robust commitment to sustainable urban development in Abu Dhabi.

    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 sector.

    Takeaway

    The acquisition underscores the commitment to sustainable infrastructure and economic resilience in Abu Dhabi.

    5 Articles
    Emarat Al Youm

    «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...

    Gulf News

    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...

    The National

    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...