Aldar Properties partners with Carlyle to invest AED 407 million in European logistics and storage real estate, aiming to expand its international footprint and capitalize on the growing market demand.

Target Information

Aldar Properties, a prominent real estate developer and investor based in Abu Dhabi, has made a significant stride in its international expansion strategy by investing AED 407 million (USD 111 million) in logistics and storage assets across Europe. This investment is executed through a strategic partnership with Carlyle, a globally recognized investment firm. The partnership entails Aldar's commitment to the Carlyle Europe Realty (CER) platform, targeting pan-European real estate opportunities.

The investment portfolio encompasses a majority stake in a co-investment platform, which includes 14 fully occupied warehouses located in vital logistics hubs throughout the UK. With a total gross leasable area (GLA) of 900,000 sq ft, this portfolio shows substantial reversion potential and is positioned to generate consistent income, making it an attractive asset for Aldar's expansion in the logistics sector.

Industry Overview in the UK

The UK logistics market has experienced remarkable growth over the past decade, spurred by an increase in online shopping and the need for more flexible supply chains. The growing demand has been met with constrai