Addleshaw Goddard Advises Al Waha Land on AED 530 Million AlMarkaz Industrial Park Asset Sale to Aldar
International law firm Addleshaw Goddard has advised Al Waha Land LLC (Waha Land), a wholly owned subsidiary of Waha Capital, on the AED 530 million sale of integrated logistics assets at AlMarkaz Industrial Park in Abu Dhabi’s Al Dhafra region.
The assets, with a total net leasable area of 182,500 square metres, form part of the 6 million square metre AlMarkaz Industrial Park. The transaction was completed by Aldar on 30 June 2025 and is considered a significant milestone for the UAE’s real estate and logistics industries.
Developed by Waha Land, AlMarkaz Industrial Park benefits from special economic zone status, high occupancy rates, and a diverse tenant base, including international, regional, and government-related entities. The park also offers further development potential, paving the way for possible future collaborations between Aldar and Waha Capital.
Owen Richards, Partner – Corporate Finance at Addleshaw Goddard, stated:
“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 UAE’s logistics and industrial property market has been experiencing strong growth, driven by strategic infrastructure investments, its global connectivity, and its position as a trade and supply chain hub.
The Addleshaw Goddard advisory team included Owen Richards, Rachael Norris, James Whittam, Ryan Shanley (UAE Corporate), Heather Gibson (Tax), Jeremy Scott, Edward Foster (Real Estate), and Philip Chalmers and Maral Nafar (Banking).
The deal reinforces Addleshaw Goddard’s role as a leading legal advisor on high-profile real estate and logistics transactions across the MENA region, showcasing the firm’s ability to provide strategic guidance on complex, large-scale deals.
