Advertisement
26 September, 2018

Abu Dhabi's Aldar Properties buys remaining stake in Khidmah

The developer said it had acquired 40% of Khidmah, taking total ownership in the firm to 100%

Aldar Properties, Meera projects.

Aldar Properties, Meera projects.

Hanover /Handout via Thomson Reuters Zawya

DUBAI - Aldar Properties, Abu Dhabi's largest real estate developer, said on Wednesday it had acquired 40 percent of Khidmah, an integrated property services company, taking total ownership in the firm to 100 percent.

Aldar's statement did not disclose the amount paid for the additional stake purchase.

Advertisement

(Reporting By Tom Arnold) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))