• Aldar Properties, a prominent real estate developer in the UAE, expands its global reach with a USD 111 million investment in European logistics and storage assets in collaboration with Carlyle.
• Through a strategic partnership, Aldar commits to Carlyle’s pan-European real estate strategy, acquiring a majority stake in a portfolio of 14 warehouses across key logistics hubs in the UK, totaling 900,000 sq ft of GLA.
• Leveraging its expertise in development and asset management, Aldar actively shapes the logistics and self-storage portfolios, enhancing its exposure to these segments alongside Carlyle to drive growth and capitalize on high-yield real estate opportunities.
Aldar Properties, the real estate developer, investor, and manager in the UAE, has expanded its international footprint with a USD 111 million investment in logistics and storage assets in Europe, in collaboration with global investment firm Carlyle, according to a company statement.
Through a strategic partnership, Aldar will commit to the Carlyle Europe Realty (CER) platform, Carlyle’s pan-European real estate strategy.
Additionally, Aldar will acquire a majority stake in a co-investment platform, which includes a portfolio of 14 warehouses located across key logistics hubs in the UK, managed by Carlyle.
This portfolio, totaling 900,000 sq ft of gross leasable area (GLA), is fully occupied with significant reversion potential.
Aldar has also invested in a portfolio of self-storage facilities and development sites in Western Europe alongside Carlyle and other investors.
Leveraging its development and asset management expertise, Aldar will actively contribute to shaping the logistics and self-storage portfolios.
This partnership model enables Aldar to further enhance its exposure to these segments alongside Carlyle.
Talal Al Dhiyebi, Group CEO of Aldar Properties, stated, “Aldar is strategically investing in Europe, establishing key partnerships to drive our growth in the coming years.
“By collaborating with Carlyle, a prominent player in European real estate, we gain access to high-yield real estate segments while leveraging our expertise. These assets will anchor our logistics business as we pursue further opportunities both locally and internationally.”
Marc-Antoine Bouyer, Head of Carlyle Europe Realty, expressed excitement about the strategic partnership with Aldar, highlighting the firm’s established real estate capabilities.
He emphasized the joint effort to identify development and acquisition opportunities to scale the platform.
These private equity investments complement Aldar’s recent commitments in European commercial real estate private credit and the acquisition of London-based developer London Square.
They align with Aldar’s broader expansion strategy to diversify revenue streams, geographic presence, and scale while tapping into high-growth real estate sectors internationally.
The UK logistics market, driven by rising online penetration and supply chain flexibility needs, has experienced strong demand, resulting in high occupancy rates.
Similarly, the self-storage industry in Europe has witnessed significant growth due to urbanization and increasing mobility, presenting opportunities for Aldar to capitalize on favorable market dynamics.
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