A total of 22.2723% of the total issued shares has been offloaded to Emirates Power Investment, making Dubai Holding group the largest shareholder in the company, the Burj Khalifa developer confirmed on Monday.

Almost all equity indices in the Gulf Cooperation Council (GCC) ended the month in the green with the exception of Saudi Arabia.

The deal adds 163,000 square metres of income-generating space to Aldar’s portfolio.