Dubai South & Aldar form JV to develop Grade A logistics facilities

Dubai South & Aldar form JV to develop Grade A logistics facilities

Dubai South, the largest single-urban master development focusing on aviation, logistics, and real estate, and Aldar Properties, the leading real estate developer, investor, and manager in the UAE, have entered into a joint venture to develop Grade A logistics facilities in Dubai South. Through the partnership, Aldar and Dubai South will work collaboratively to bring […]Dubai South, the largest single-urban master development focusing on aviation, logistics, and real estate, and Aldar Properties, the leading real estate developer, investor, and manager in the UAE, have entered into a joint venture to develop Grade A logistics facilities in Dubai South.

Through the partnership, Aldar and Dubai South will work collaboratively to bring new and premium offerings to Dubai South’s Logistics District, including build-to-lease and build-to-suit facilities.

Aldar will be responsible for the design, development, and delivery of these new logistics assets, starting with a Grade A logistics facility totaling almost 24,000 sqm of gross floor area (GFA).

Khalifa Al ZaffinExecutive ChairmanDubai Aviation City Corporation & Dubai South

“As Dubai South continues to shape the future of logistics, our partnership with Aldar represents a strategic leap towards further enhancing our logistics infrastructure, in line with our mission to foster a dynamic business environment via state-of-the-art facilities. We