Aldar Ventures into European Real Estate Market with Carlyle 

Under the legal guidance of General Counsel Emma O’Brien (pictured), Aldar Properties (“Aldar”) has added further weight to its international expansion plan with an AED 407 million (USD 111 million) investment in logistics and storage assets in Europe through a partnership with global investment firm Carlyle. 

The strategic collaboration involves Aldar’s commitment to the Carlyle Europe Realty (“CER”) platform, alongside a majority stake in a co-investment platform featuring a portfolio of 14 warehouses in key UK logistics hubs. Additionally, Aldar has invested in a portfolio of self-storage facilities and development sites in Western Europe, managed by Carlyle. 

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar Properties, highlighted the importance of partnering with Carlyle to access high-yield real estate opportunities in Europe while leveraging Aldar’s development and asset management expertise. 

Marc-Antoine Bouyer, Head of Carlyle Europe Realty, expressed enthusiasm for the strategic partnership with Aldar and the opportunity to collaborate on identifying development and acquisition opportunities. 

These investments align with Aldar’s broader expansion strategy, focusing on high-growth real estate sectors and international diversification. The UK logistics market, driven by rising online penetration, and the self-storage industry in Europe present promising growth prospects. 

The partnership signifies Aldar’s commitment to international growth and diversification, following recent investments in European commercial real estate private credit and the acquisition of London-based developer, London Square.