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Addleshaw Goddard advises Al Waha Land LLC on AED 530 million disposal of AlMarkaz Industrial Park assets to Aldar
Addleshaw Goddard advises Al Waha Land LLC on AED 530 million disposal of AlMarkaz Industrial Park assets to Aldar

Mid East Info

time5 days ago

  • Business
  • Mid East Info

Addleshaw Goddard advises Al Waha Land LLC on AED 530 million disposal of AlMarkaz Industrial Park assets to Aldar

Abu Dhabi, United Arab Emirates, August 1, 2025: International law firm Addleshaw Goddard has advised Al Waha Land LLC (Waha Land), a wholly owned subsidiary of Waha Capital, on the recent AED 530 million disposal of integrated logistics assets, with a total net leasable area of 182,500 sqm, at the 6 million sqm AlMarkaz Industrial Park, Al Dhafra, Abu Dhabi . The transaction, which was completed by Aldar on 30 June 2025, marks a significant milestone in the UAE's real estate and logistics sectors. Developed by Waha Land and enjoying special economic zone status, AlMarkaz Industrial Park is located in Abu Dhabi's Al Dhafra region. The property benefits from near-full occupancy and a diverse mix of international, regional, and government-related tenants. With further development potential at AlMarkaz, the transaction presents an opportunity for Aldar and Waha to explore future collaboration at the site. Owen Richards, Partner – Corporate Finance at Addleshaw Goddard, commented: 'We are delighted to have supported Waha Capital on this landmark transaction. The sale of AlMarkaz Industrial Park assets reflects the strength and scalability of the UAE's logistics and industrial sectors, which continue to attract significant investment amid the region's economic diversification efforts. This deal underscores our expertise in advising on high-value, complex transactions in the real estate and logistics sectors across the Middle East.' The transaction highlights the growing importance of the logistics and industrial real estate sector in the Middle East, as regional economies prioritise infrastructure development and supply chain resilience. The UAE has emerged as a hub for logistics innovation, with its strategic location, world-class infrastructure, and business-friendly environment driving demand for high-quality industrial assets. The Addleshaw Goddard team advising on the transaction was led by Owen Richards, supported by Rachael Norris, James Whittam, Ryan Shanley (UAE Corporate), Heather Gibson (Tax), Jeremy Scott, Edward Foster (Real Estate), and Philip Chalmers and Maral Nafar (Banking). This transaction further reinforces Addleshaw Goddard's position as a trusted advisor on high-profile real estate and logistics deals across the MENA region, reflecting the firm's focus on delivering exceptional legal expertise and strategic insights to its clients.

Addleshaw Goddard advises Kent Group on acquisition of data centre specialist Sudlows
Addleshaw Goddard advises Kent Group on acquisition of data centre specialist Sudlows

ME Construction

time02-04-2025

  • Business
  • ME Construction

Addleshaw Goddard advises Kent Group on acquisition of data centre specialist Sudlows

Industry News Addleshaw Goddard advises Kent Group on acquisition of data centre specialist Sudlows By Sudlows is reported to have completed over 100 data centre projects in 20 different countries since its founding in 2014 Addleshaw Goddard has advised Kent, an engineering services company, on its acquisition of Dubai-headquartered Sudlows Consulting, a design and engineering firm specialising in data centres. The transaction is said to signify Kent's move into the expanding global market for data centre engineering, advancing its strategic objective of branching into power-related sectors and enhancing profitability. Known for its proficiency in the data centre sector in the UAE, India, Saudi Arabia, and South Africa, since it was founded in 2014, Sudlows is reported to have completed over 100 data centre projects in 20 different countries. Together, the merged entity will cater to the increasing need for secure and efficient data centres, emphasising the development of more sustainable, low-carbon production methods. The Addleshaw Goddard team advising on the transaction was led by Philip Dowsett, Partner and Head of Investment Management and Funds – MENA, supported by Rachael Norris, Lorna Dean, Rania Sallam, Jasem Alanizy, Nora Al-Henaki, Edward Foster, Jeremy Scott, Rachel Hill and Lucy Melville. Philip Dowsett said, 'We are delighted to have advised Kent of this acquisition, which brings together two businesses with a shared vision in a sector set for a continued growth over the next few decades. The collaboration will provide sustainable solutions to data centre projects on a global scale.'

Addleshaw Goddard advises Kent Group on acquisition of data centre specialist Sudlows - Middle East Business News and Information
Addleshaw Goddard advises Kent Group on acquisition of data centre specialist Sudlows - Middle East Business News and Information

Mid East Info

time04-03-2025

  • Business
  • Mid East Info

Addleshaw Goddard advises Kent Group on acquisition of data centre specialist Sudlows - Middle East Business News and Information

International law firm Addleshaw Goddard has advised Kent, a global leader in engineering services, on its acquisition of Dubai-headquartered Sudlows Consulting, a leading design and engineering firm specialising in data centres. This transaction signifies Kent's move into the rapidly expanding global market for data centre engineering, advancing its strategic objective of branching into power-related sectors and enhancing profitability. Known for its proficiency in the burgeoning data centre sectors of the UAE, India, Saudi Arabia, and South Africa, since Sudlows was founded in 2014 the company has successfully completed over 100 data centre projects in 20 different countries. Together, the merged entity will cater to the increasing need for secure and efficient data centres, emphasising the development of more sustainable, low-carbon production methods. The Addleshaw Goddard team advising on the transaction was led by Philip Dowsett, Partner and Head of Investment Management and Funds – MENA, supported by Rachael Norris, Lorna Dean, Rania Sallam, Jasem Alanizy, Nora Al-Henaki, Edward Foster, Jeremy Scott, Rachel Hill and Lucy Melville. Philip Dowsett said: 'We are delighted to have advised Kent of this acquisition, which brings together two businesses with a shared vision in a sector set for a continued growth over the next few decades. The collaboration will provide sustainable solutions to data centre projects on a global scale.' About Addleshaw Goddard: Addleshaw Goddard is a global law firm with 2,800+ partners and employees across our 19 offices spanning key commercial centres around the world. Six in the UK – London, Leeds, Manchester, Edinburgh, Glasgow, Aberdeen; eight in Europe – four in Germany and one in Ireland, France, Luxembourg and Spain; a further four in the GCC – Doha, Dubai, Muscat, and Riyadh; and one in Asia – Singapore. We have over 350 Partners and nearly 2,000 lawyers and fee-earners worldwide. In the Middle East we have more than 20 partners and close to 100 other fee earners.

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