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International Tower International Tower

Aldar Properties Completes International Tower Acquisition

Aldar Properties has completed the acquisition of International Tower, the office tower located in Capital Gate district of Abu Dhabi for AED658 million (USD179 million).

International Tower comprises 39,000 m2 of Grade A commercial space and will immediately contribute to Aldar Properties’ net operating income supported by a strong mix of existing tenants and robust occupancy.
The Capital Gate district is home to a combination of private and public sector organisations, as well as a range of hospitality outlets and the Abu Dhabi National Exhibition Centre. International Tower is located at the heart of this business hub, so is positioned to attract a high-quality mix of tenants.

"The acquisition of International Tower clearly demonstrates our belief in the strength of Abu Dhabi's commercial real estate market," said Talal Al Dhiyebi, CEO, Aldar Properties.