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Who is Aldar Properties PJSC?
Aldar Properties PJSC is the leading real estate developer and manager in the UAE with a diversified and sustainable operating model centred around two core businesses: Aldar Development and Aldar Investment.What projects does Aldar build in Abu Dhabi?
Aldar's projects within the Abu Dhabi Emirate include Al Raha Beach, Al Raha Gardens, the Abu Dhabi Central Market ( Souq) and Al Mamoura, as well as Yas Island which includes the Yas Marina Circuit, Ferrari World and Yas Hotel Abu Dhabi. Aldar was founded on 12 January 2004. The shares were listed in 2005.How resilient are Aldar's office properties?
Occupancy rates across Aldar’s Grade A office properties remained resilient at 89%, supported by long-term, committed lease contracts from government-related entities and corporate clients. The Hospitality and Leisure business continues to recover with 128% YoY growth in NOI for the nine-month period, driven by prudent cost management.