LONDON CALLING

UAE-based Arada to acquire 75% of U.K.’s Regal with $680M deal

The firm was founded by Saudi Prince Khaled bin Alwaleed, son of Prince Alwaleed bin Talal, and Sheikh Sultan bin Ahmed, Deputy Ruler of Sharjah

Arada

Signing ceremony to mark Arada’s acquisition of Regal

UAE-based Arada Developments will buy a 75% stake in London residential property developer Regal in a $680 million deal, as it continues its overseas expansion drive.

Founded by Saudi Prince Khaled bin Alwaleed, the son of Prince...