Aldar Acquires UAE Logistics Assets marks a strategic expansion in the UAE’s booming real estate sector. The Abu Dhabi-based developer strengthens its industrial portfolio with this targeted purchase.
Aldar Properties announces the acquisition of Prologis’ logistics portfolio in the UAE for AED 1.8 billion. The deal includes four prime logistics parks totaling 840,000 square meters of gross leasable area (GLA). Prologis, the seller, exits the UAE market through this transaction.
Portfolio Details
Aldar Acquires UAE Logistics Assets to gain key properties in strategic locations. The portfolio features the Jebel Ali Free Zone Logistics Park with 500,000 sqm GLA and the Dubai Investments Park Logistics Centre at 200,000 sqm. Two additional parks in Abu Dhabi’s Mussafah and ICAD areas contribute 140,000 sqm combined.
These assets boast high occupancy rates above 98 percent and serve major e-commerce, retail, and manufacturing tenants. Modern facilities include high-clearance warehouses, advanced loading systems, and sustainable features like solar panels. The parks connect directly to major highways and ports for efficient supply chain operations.
Strategic Impact
Aldar positions itself as a dominant player in UAE industrial real estate. The acquisition doubles its logistics GLA to over 1.5 million sqm, aligning with surging demand from e-commerce growth and nearshoring trends. CEO Talal Al Dhiyebi states the move supports long-term tenant partnerships and value creation.
Prologis focuses future efforts on higher-growth global markets post-sale. The transaction, expected to close in Q2 2026, awaits standard regulatory approvals. Aldar funds the deal through existing cash reserves and debt facilities without impacting its balance sheet strength.
Market Context
UAE logistics demand rises 15 percent annually, driven by trade hubs like Jebel Ali Port. Aldar’s expanded portfolio meets this need with Grade A assets yielding stable returns. Investors eye UAE industrial real estate for its 7-8 percent yields amid regional economic diversification.
The deal underscores Abu Dhabi’s push for integrated real estate platforms under Vision 2030 goals. Aldar plans operational enhancements, including digital upgrades and ESG compliance, to boost asset performance. Tenants benefit from seamless management under one developer’s roof. This acquisition solidifies Aldar’s leadership in UAE logistics real estate. Market analysts project continued investor interest in such high-quality assets through 2027.
