Aldar Properties has issued USD 500 million in hybrid notes to Apollo Global Management, replacing a previous land joint venture and enhancing its capital structure.

Information on the Target

Aldar Properties PJSC, headquartered in Abu Dhabi, is a prominent real estate development company known for its commitment to developing quality residential, commercial, and retail properties. With substantial investments and notable projects, Aldar plays a significant role in shaping the urban landscape of Abu Dhabi and the wider UAE.

Through a long-standing partnership with Apollo Global Management, Aldar has strategically positioned itself to leverage growth opportunities while enhancing its capital structure for sustained performance. The company continues to attract significant investment to support its development initiatives, reflecting confidence in its operational and financial strategy.

Industry Overview in the UAE

The real estate sector in the UAE is experiencing significant recovery and growth, driven by increasing demand for both residential and commercial properties. The resurgence is propelled by strong economic fundamentals, a growing population, and ongoing i