Covid-19: Aldar eases rentals, waives fees for its tenants, customers

Covid-19: Aldar eases rentals, waives fees for its tenants, customers

The developer also allocated Dh4 billion towards prompt payment of supply chain commitments in 2020.. Aldar Properties, Abu Dhabi's leading property developer, on Tuesday announced programmes worth Dh100 million aimed at supporting its residents, tenants, customers and partners to support them in tough times due to coronavirus impact.. Announcement follows Abu Dhabi Government initiatives to support businesses and the community earlier this week.. The latest initiatives launched by the Abu Dhabi Executive Council, and the Dh100 billion support package launched by the UAE Central Bank, will strengthen the resilience of our economy.. The programmes launched by Aldar form part of our long term sustainable approach towards our economy and stakeholders.". Talal Al Dhiyebi, CEO of Aldar, said: "As the leading real estate company in Abu Dhabi, we are focussed on long term sustainable value creation.. We will continue to demonstrate our leadership and responsibility in support of the long-term success of our stakeholders.. Aldar has activated its robust business continuity plan to cope with the current environment.. The company has initiated remote working, postponed business travel, limited personal travel and reduced external meetings in line with its commitment to protecting the health and wellbeing of all its employees and guests..