The company has developed some of Abu Dhabi’s most iconic and complex projects, from the Formula 1 facilities on Yas Island to the thriving new Shams Abu Dhabi community on Reem Island. Its property portfolio is diversified and balanced, with residential communities accounting for around half of assets, retail property representing a third, and the remainder split between commercial and hospitality.
Al Maryah Island is a lifestyle destination center that specializes in hotel accommodations, events, business leasing, health, and wellness.
Mruna
Grant in 2022
Mruna is a consulting and distribution company focused on addressing urban challenges through innovative solutions. It serves a diverse clientele that includes communities, institutions, and businesses, aiming to enhance their capacities and operational effectiveness. The company offers a wide range of services, including sustainable building and infrastructure certification, environmental assessments, and the evaluation of capital improvement projects. Additionally, Mruna assists in structuring and negotiating the sale and purchase of infrastructure assets. By leveraging a global network of experts, Mruna enables stakeholders in the built environment sector to make informed, data-driven decisions for a more sustainable future.
Taronga Ventures
Private Equity Round in 2022
Taronga Ventures is a leading technology and innovation investor focused on real asset sectors and the wider built environment. Taronga Ventures is headquartered in Australia.
Sodic
Acquisition in 2021
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
Acquisition in 2021
The Middle East’s largest full service real estate services company, Asteco was formed in Dubai in 1985. Over the years, Asteco has gained enormous respect for consistently delivering high quality, professional, value-add services in a transparent manner. It is also widely recognised for its involvement with many of the projects that have defined the landscape and physical infrastructure of the emirates. Asteco has an essential combination of local and international expertise. A deeply established brand, renowned for its application of the latest technological advances, its commitment to transparency, winning strategies and human expertise. Undisputed real estate experts, Asteco represents a significant number of the region’s top property owners, developers and investors. Asteco has witnessed outstanding growth and diversification over the decades and has built a strong regional network of offices and currently operates in:
Khidmah
Acquisition in 2018
Khidmah L.L.C is a property and facilities management company based in Abu Dhabi, specializing in a comprehensive range of services for residential, retail, and commercial properties. Founded in 2009, Khidmah provides development consulting, including construction-related warranties and inspections, as well as property management services like leasing, resale, and strata management. The company also offers facilities management, encompassing maintenance, cleaning, landscaping, and pest control. Additionally, Khidmah delivers home maintenance services, which include plumbing, electrical work, pool maintenance, and general repairs. Their approach is tailored to the unique needs of each community, ensuring that services add maximum value for owners and residents. Khidmah operates as a subsidiary of Aldar Properties PJSC.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.