Abu Dhabi—Dentons has advised AD Ports Group on the AED 570 million sale to Aldar Properties PJSC of two built-to-suit logistics warehouses located within Khalifa Economic Zones Abu Dhabi (KEZAD).
The high-quality logistics assets, leased to leading occupiers Noon and Emtelle, attracted strong interest from more than 30 local, regional and international investors. The transaction underscores Abu Dhabi’s position as a leading hub for industrial and logistics investment, and highlights the growing depth and liquidity of the UAE’s logistics real estate sector.
Hazel Shakur-Quinn, Partner and Head of Middle East Real Estate at Dentons, commented: “This transaction reflects the increasing depth and maturity of the UAE logistics real estate market. Investor appetite for high-quality, income-generating assets remains strong, underscoring Abu Dhabi’s position as a key gateway for trade, manufacturing and investment across the region. We are looking forward to the next transaction in this exciting sector.”
The Dentons team was led by Hazel Shakur-Quinn (Partner and Head of Middle East Real Estate), working alongside Kanishka Singh (Partner, Projects), Joe Carroll (Counsel, Real Estate) and Jennifer Davis (Senior Associate, Construction).
Dentons congratulates AD Ports Group and Aldar on the successful completion of this landmark transaction.
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