Dentons advises AD Ports Group on AED570m KEZAD logistics deal

Dentons has advised AD Ports Group on the AED570 million sale to Aldar Properties PJSC of two built-to-suit logistics warehouses located within Khalifa Economic Zones Abu Dhabi (KEZAD).

The high-quality logistics assets, leased to leading occupiers Noon and Emtelle, attracted strong interest from more than 30 local, regional and international investors. The transaction underscores Abu Dhabi’s position as a leading hub for industrial and logistics investment, and highlights the growing depth and liquidity of the UAE’s logistics real estate sector.

Hazel Shakur-Quinn, partner and head of Middle East Real Estate at Dentons, commented, “This transaction reflects the increasing depth and maturity of the UAE logistics real estate market. Investor appetite for high-quality, income-generating assets remains strong, underscoring Abu Dhabi’s position as a key gateway for trade, manufacturing and investment across the region. We are looking forward to the next transaction in this exciting sector.”

The Dentons team was led by Hazel Shakur-Quinn (partner and head of Middle East real estate), working alongside Kanishka Singh (partner, projects), Joe Carroll (counsel, real estate) and Jennifer Davis (senior associate, construction).