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Aldar Properties posts AED 1.5bn sales in 9M

Aldar Properties posts AED 1.5bn sales in 9M
Aldar Properties is looking to invest around AED 13 billion in new projects
Aldar
ALDAR
0.58% 5.21 0.03

Abu Dhabi – Mubasher: Aldar Properties’ sales rose to AED 1.5 billion during the first nine months of 2018, compared to AED 1.1 billion in the first half of the year, CEO Talal Al Dhiyebi said.

The Abu Dhabi-listed company is looking to invest around AED 13 billion in new projects, Al Dhiyebi told Al Arabiya channel.

The real estate developer is alos planing to implement several acquisitions in the coming period whether inside the UAE or abroad, the CEO noted.

By 11:48 am UAE time, Aldar Properties’s stock declined 0.57% at AED 1.76.