Aldar Strengthens Liquidity with $290 Million Dual-Tranche Green Sukuk Tap

Oversubscribed 2.8 Times, Aldar’s Green Sukuk Draws Strong International Investor Demand

Aldar Investment Properties (AIP), the subsidiary of Aldar Properties and the owner-manager of a AED30.7 billion (US$8.4 billion) portfolio of income-generating properties, has successfully raised US$290 million through a dual-tranche tap on its existing green sukuk maturing in 2034 and 2035.

The transaction was met with strong demand, oversubscribed 2.8 times, attracting orders exceeding US$830 million, reflecting robust investor confidence in Aldar’s sustainable growth strategy. The proceeds from the sukuk will further strengthen the company’s liquidity position, supporting its ongoing investments and reinforcing its commitment to sustainable and green finance initiatives.

This successful issuance underscores Aldar’s ability to tap into international capital markets and highlights the growing appetite among global investors for environmentally responsible investment opportunities in the region.

As one of the UAE’s leading real estate investment firms, Aldar continues to demonstrate financial resilience and strategic foresight, leveraging innovative financing solutions to maintain a strong balance sheet while advancing its green agenda.

The dual-tranche green sukuk not only reflects Aldar’s robust credit profile but also reinforces its dedication to sustainable development in line with global ESG standards, positioning the firm as a benchmark for green financing in the region.