Aldar ‘confident’ of doubling market cap within five years 

Aldar ‘confident’ of doubling market cap within five years 

Abu Dhabi developer Aldar Properties is ramping up an international expansion drive that, alongside plans to grow its UAE portfolio, will help to double its market cap, its group chief executive said.  Aldar’s market cap is currently $12 billion, and group CEO Tilal Al Dhiyebi foresees “doubling that in five years,” he told AGBI in […]

Interview with group CEO

Overseas expansion key

First UK acquisition last month

Abu Dhabi developer Aldar Properties is ramping up an international expansion drive that, alongside plans to grow its UAE portfolio, will help to double its market cap, its group chief executive said. 

Aldar’s market cap is currently $12 billion, and group CEO Tilal Al Dhiyebi foresees “doubling that in five years,” he told AGBI in an exclusive interview, adding: “I’m confident the team will be able to deliver.”

The company’s strategy hinges on acquiring or partnering with developers and other investors in markets such as the UK and Europe, and creating specialised vehicles, including in the fast-growing private credit space, Al Dhiyebi said.  

Aldar joins Mubadala and Ares to invest in Europe real estate

UAE’s Aldar buys British developer for $291m

Aldar nets $844m in sales from Dubai project sell-out

In November Aldar completed its first acquisition outside the Middle East and North