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Aldar appoints John Buck International to manage commercial property portfolio

  • United Arab Emirates: Wednesday, January 28 - 2009 at 11:23
  • PRESS RELEASE

Aldar Properties, Abu Dhabi's leading property development, investment and management company has appointed John Buck International (JBI) to act as its managing agent and provide commercial property management services across its commercial portfolio.

Currently Aldar's existing and planned commercial property portfolio includes key buildings in strategic locations in Abu Dhabi.

Initially, much of JBI's work will be focused on the Al Mamoura building which is currently the most prestigious office building in Abu Dhabi and where Mubadala, the government investment firm, is based.

This is to be followed by Baniyas Office Towers and Aldar's landmark headquarters building at Al Raha Beach.

John Buck International is the first firm in Abu Dhabi to specialize in fully integrated quality-driven commercial real estate development, leasing and property asset management services. With a rapidly expanding team of international professionals, practical experience across the full spectrum of real estate services, and a commitment to international standards of building sustainability, JBI promises to deliver sustained benefits and exceptional service to tenants, owners and investors alike.

Mohammed Al Mubarak, Aldar chief commercial officer, commented: "John Buck's experience in managing key projects worldwide complements Aldar's vision and strategy in managing its wide portfolio of commercial developments"

John Buck, CEO of JBI added: "We are honoured to have been selected for this important assignment by Aldar, Abu Dhabi's leading residential and commercial development company."
Al Mamoura Building. 
Al Mamoura Building.
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About John Buck International

A joint venture between Mubadala Development Company and The John Buck Company (TJBC), Abu Dhabi based John Buck International specializes in premium quality, integrated real estate development, leasing and management services.

About Aldar Properties:
Aldar Properties PJSC is Abu Dhabi's leading property development, management and investment company. It listed on the Abu Dhabi Securities market in 2004. Aldar was established to support the region's infrastructure through the creation of high quality, attractive and sustainable communities equipped with residential, commercial, retail, leisure, hospitality, education and medical facilities.

Aldar's diverse property portfolio includes major developments and re-developments within Abu Dhabi including Yas Island, Al Raha Beach, Central Market, Nareel Island, and Noor Al Ain. The company owns over 35 million square metres of land in strategic locations throughout the Emirate. For further details visit www.aldar.com

For more information, please contact:
Mona Zayati
Aldar Properties PJSC
Tel: +971 2 696 4729

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