Waha land completes AED 530 mn sale of AlMarkaz logistics

Al Waha Land LLC, a wholly owned subsidiary of Waha Capital, has finalised the 530 mn sale of integrated logistics assets at the 6 mn sqm AlMarkaz Industrial Park in Abu Dhabi’s Al Dhafra region. The deal covers 182,500 sqm of net leasable area, with near-full occupancy from a diverse tenant base including international, regional and government entities. Developed with special economic zone status, AlMarkaz offers modern warehousing and industrial facilities benefiting from Abu Dhabi’s strategic location and strong transport links. The transaction underscores rising investor appetite for high-quality logistics in the UAE driven by infrastructure growth and supply chain resilience initiatives. Owen Richards, Partner – Corporate Finance at Addleshaw Goddard, commented, “This deal underscores our expertise in advising on high-value, complex transactions in the real estate and logistics sectors across the Middle East.”