IHC, the Abu Dhabi headquartered global investment company focused on building dynamic value networks, on Thursday reaffirmed that it does not intend to pursue the sale of its shareholding in Aldar Properties.
IHC currently holds a majority stake in Aldar Properties through its group companies. The company emphasised that Aldar remains a strategic long-term investment within its diversified portfolio, reflecting IHCâs continued confidence in Abu Dhabiâs growing and resilient real estate sector.
Whilst IHC remains committed to its broader portfolio optimisation and divestment strategy, the company confirmed that it is not selling its stake in Aldar Properties.
Aldar Properties has been at the forefront of Abu Dhabiâs real estate development, driving innovation, sustainability, and urban transformation across the Emirate. As one of the regionâs most influential property developers, Aldar continues to deliver exceptional value to shareholders and support the UAEâs broader economic diversification agenda.
Syed Basar Shueb, CEO of IHC, commented: âWe remain committed to supporting Aldar as it continues to shape Abu Dhabiâs real estate landscape and drive sustainable development across the UAE.â
This reaffirmation reflects IHCâs long-term investment philosophy and strategic focus on sectors that contribute meaningfully to national growth and diversification. The company maintains a disciplined approach to capital allocation, focusing on value creation and sustainable expansion across its global portfolio. â TradeArabia News Service
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