Aldar Properties
Aldar Properties is a prominent real estate company based in Abu Dhabi, engaged in the development, sales, investment, construction, leasing, and management of various properties. The company has established a diverse portfolio that includes iconic projects such as the Formula 1 facilities on Yas Island and the Shams Abu Dhabi community on Reem Island. Approximately half of its assets are residential communities, with retail properties accounting for a third, while the remainder consists of commercial and hospitality ventures. Aldar Properties generates most of its revenue from property development and sales, alongside other segments that include project management, investment properties, and services related to hospitality and education.
Private Equity Round in 2022
Taronga Group is an investment management firm based in Sydney, Australia, founded in 2015. The firm specializes in fund management and focuses on the technology sector, particularly in areas such as energy, utilities, infrastructure, smart assets, logistics, mobility, digital construction, and data analytics. Taronga Group aims to provide innovative solutions that generate long-term value for investors and the communities it serves. Additionally, the firm invests in technology companies through its venture capital funds and facilitates connections between these companies and real asset corporates and government agencies via its RealtechX programs.
Sodic is a real estate development company that provides market awars-winning large scale developments. Incorporated in 1996, SODIC is one of Egypt’s largest publicly listed real estate development companies with a market capitalisation of over EGP 5.5 billion. SODIC is currently developing a number of Egypt’s large scale and award-winning developments including residential, leisure, retail and corporate projects within mixed-use environments. SODIC has developed over 5.8 million square metres of its 9.4 million square metre land bank and employs over 450 staff directly as well as 10,000 indirectly.
Asteco Property Management LLC, established in 1985 and based in Dubai, UAE, is the largest full-service real estate services company in the Middle East. The firm offers a comprehensive range of services to property owners, developers, and investors, including asset management, property accounting, and reporting for various residential and commercial properties. Asteco provides advisory services such as market research and property valuation, along with residential, commercial, retail, and industrial leasing and sales services. Additionally, the company offers owners association services covering financial administration and coordination. Renowned for its commitment to transparency and high-quality service, Asteco has built a strong reputation and extensive regional network, with offices in major cities across the UAE, Jordan, and Saudi Arabia. This combination of local expertise and international standards has positioned Asteco as a key player in shaping the real estate landscape of the region.
Khidmah L.L.C is a company based in Abu Dhabi that specializes in property and facilities management, catering to residential, retail, and commercial properties. Founded in 2009, it provides a comprehensive suite of services including property management, development consulting, and project management. Khidmah assists clients with property leasing, resale, and effective handling of the defect liability period, as well as managing construction-related warranties and inspections. Its facilities management offerings encompass maintenance, cleaning, landscaping, and pest control. Additionally, Khidmah provides home maintenance solutions, which range from general repairs to specialized services like pool cleaning, lawn care, and duct cleaning. The company adopts a tailored approach, working closely with each community to deliver customized solutions that enhance value for property owners and residents. Khidmah operates as a subsidiary of Aldar Properties PJSC.
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