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ALDAR category
Aldar announces Cityscape Abu Dhabi 2011 focus
Aldar Properties PJSC, Abu Dhabi’s real estate developer, investor and manager, has announced its plans for Cityscape Abu Dhabi 2011, the international real estate investment and development event held at ADNEC from 17-20 April.
Aldar invites tenders for Al Ain housing project
Proposals have been invited from interested contractors for infrastructure works at the Shiebat Al Watah housing development in Al Ain, according to developer Aldar Properties PJSC.
Aldar posts $3.44bn loss for 2010
Aldar Properties, Abu Dhabi’s biggest developer, posted a loss of AED12.658 billion for 2010 on the back of steep declines in regional property values, despite the continuation of several key projects.
UAE market reports – Monday
The Abu Dhabi Securities Exchange (ADX) general index rose another 0.72 per cent yesterday, driven by gains in real estate, banking, energy and health care stocks. The ADX general index closed at 2,693 as investors purchased shares of Aldar Properies, Abu Dhabi’s real estate major at attractive prices.
Aldar restructuring won’t affect Voltas
The restructuring of Aldar, Abu Dhabi’s biggest developer, would not affect its relationship with MEP contractor Voltas, which has executed major Aldar projects such as Ferrari World on Yas Island, and is currently working on the Central Market development.
Property developers work on their image
UAE developers’ names are a case in point: Aldar translates as “the home” in English. Emaar is “constructing”, Nakheel means “palm trees”, while Sorouh is the Arabic for “edifices”. Simple concepts, perhaps. But after the global economic crisis and UAE property slowdown, a more complex question beckons: how do these brands really translate in a wary and uncertain consumer market?
Aldar unveils new brand direction
Aldar today unveiled a new brand direction that reinforces its evolving consumer focus and embraces its position as a contemporary Arab company and leading contributor to the development of the Emirate under Plan Abu Dhabi 2030.
Abu Dhabi’s Aldar Shows Off Al Bandar Community
This week I joined a press tour of the Al Bandar community that sits on the coast north of Abu Dhabi island looking across a small harbor to Yas Island, home of the Formula 1 Grand Prix track and Ferrari World. Al Bandar is the northernmost portion of the Al Raha Beach development that includes HQ, the iconic disc shaped office building. Yas Island and Al Raha Beach are among Aldar’s signature projects.
