AD Ports Group Completes Warehouse Sale to Aldar

Why It Matters

The deal accelerates AD Ports’ capital‑recycling strategy, strengthening its balance sheet while freeing funds for growth in its core trade and logistics businesses. It also highlights sustained investor appetite for Abu Dhabi’s industrial real‑estate assets.

Key Takeaways

• AD Ports sold three KEZAD warehouses to Aldar for $177 million.
• Deal adds $295 M and $570 M prior sales, reaching 65% of $1 B target.
• Proceeds will reduce debt and fund higher‑return logistics projects.
• Seven bidders signal strong investor appetite for Abu Dhabi industrial assets.
• Asset monetisation aligns AD Ports with integrated trade, transport, and logistics growth.

Pulse Analysis

AD Ports Group, the operator of Abu Dhabi’s strategic trade and logistics hubs, completed a $177 million sale of three warehouses in KEZAD Logistics Park to real‑estate developer Aldar. The facilities total 161,000 sq m of leasable space and represent the second warehouse transaction with Aldar after a $155 million deal in November 2025. Combined with the January 2026 sale of the KEZAD Free Zone 3 for $80 million, the two 2026 disposals already account for roughly 65 percent of the group’s AED 1 billion (≈$272 million) asset‑monetisation target for the year.

The transaction attracted seven qualified bidders, underscoring robust investor confidence in Abu Dhabi’s industrial ecosystem. Proceeds are earmarked for balance‑sheet deleveraging and to finance higher‑return projects across AD Ports’ integrated trade, transport, logistics and industrial development businesses. By recycling capital from mature real‑estate assets, the group aims to boost return on invested capital and accelerate expansion of its port and free‑zone platforms, which reported 45 percent revenue growth and 31 percent EBITDA growth in 2025.

AD Ports’ aggressive asset‑optimisation programme reflects a wider shift in the Gulf’s logistics sector toward asset‑light models and strategic reinvestment. With KEZAD’s 550 sq km land bank covering more than half of the UAE’s industrial area, the availability of long‑term leases makes the park an attractive anchor for multinational manufacturers. The successful monetisation of warehouse assets not only strengthens AD Ports’ financial flexibility but also signals to global investors that Abu Dhabi remains a fertile ground for logistics and industrial infrastructure investment.

Deal Summary

AD Ports Group completed the sale of three warehouses in KEZAD Logistics Park to Aldar for AED 650 million ($177 million). The transaction covers 161,000 sqm of leasable space and marks the second warehouse asset sale between the two firms in 2026, contributing to AD Ports Group's asset monetisation target.