Logistical Step
Mubadala-backed Aldar inks deal with DP World for Dubai logistics park
The project gives Aldar access to develop and lease assets in a strategic location between Dubai’s major port and Al Maktoum International Airport
Aldar headquarters in Abu Dhabi. (iStock)
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Mubadala-backed Aldar Properties has signed an agreement with DP World to develop a 1.55 million-square-foot logistics park as Abu Dhabi’s biggest real estate developer looks to expand in Dubai and respond to e-commerce driven demand for warehousing.
The...