April25 , 2026

    AD Ports Sells KEZAD Warehouses to Aldar for AED 650M to Boost Growth and Reduce Debt

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    AD Ports Group has announced the sale of three warehouses in KEZAD Logistics Park to Aldar Properties for AED 650 million (USD 177 million), as part of its strategy to monetise assets and reinvest in growth.

    The deal covers 161,000 square metres of leasable space and marks the second warehouse transaction between the two firms, following a AED 570 million sale in November 2025. It is also the Group’s second asset sale in 2026, after divesting KEZAD Logistics Park Free Zone 3 to Mair Group for AED 295 million.

    The transaction attracted strong investor interest, with seven bidders involved, highlighting demand for Abu Dhabi’s logistics and industrial real estate sector.

    Proceeds from the sale will support debt reduction and fund expansion projects, contributing 65% toward AD Ports’ 2026 asset monetisation target of at least AED 1 billion.

    The company’s asset optimisation programme, launched in 2025, aims to recycle capital into higher-return opportunities across trade, transport, logistics, and industrial development. In 2025 alone, AD Ports generated AED 4.6 billion from similar transactions, including land and warehouse sales and a stake in NMDC Group.

    KEZAD, a core part of AD Ports’ Economic Cities & Free Zones Cluster, continues to drive growth, with the cluster reporting a 45% rise in revenue and a 31% increase in EBITDA in 2025.

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