02 April 2011
Abu Dhabi  - Aldar Properties PJSC, Abu Dhabi's leading real estate developer, investor and manager, is the first company to move into its new home, at HQ.

All Aldar's head office staff relocate this week to the distinctive circular, Grade- A quality office building, at Al Raha Beach, Abu Dhabi.

Aldar chief executive officer, Sami Asad, said: "We are delighted to be moving into our new home. The flexible, open-plan office spaces will provide an inspiring workplace from where we can execute the next stage of Aldar's developments."

HQ offers 50,089sqm of lettable space with an international Grade-A specification fit-out and a range of integrated tenant services. There will be a comprehensive range of facilities that include male and female gyms, prayer rooms, food and beverage outlets, convenience stores and other tenant services.

Situated within 10 minutes of Abu Dhabi Airport and Yas Island, HQ has attracted the attention of renowned international and local firms as well as government agencies. Aldar will be joined immediately at HQ by ATIC, Global Foundries, ABB and the Insurance Authority of the UAE.

Mr Asad continued: "We are excited to be welcoming such renowned companies and leading organisations as our neighbours at HQ. With the map of our city changing at such a pace, this move positions us close to growing residential communities, recreational facilities, with transport links connecting us to the city and the region."

-Ends-

About Aldar
Aldar Properties PJSC is Abu Dhabi's leading property development, management and investment company. It listed on the Abu Dhabi Securities market in 2004. Aldar was established to support the region's infrastructure through the creation of high quality, attractive and sustainable communities equipped with residential, commercial, retail, leisure, hospitality, education and medical facilities. Aldar's diverse property portfolio includes major developments and re-developments within Abu Dhabi including Yas Island, Al Raha Beach, Central Market, Al Falah, and Noor Al Ain.

About ABB
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 117,000 people.

For more information, please contact:
Mona Zayati          
Tel: +971 2 8105744, Mob: 050-4108400
Email: mzayati@aldar.com

© Press Release 2011