ADAC announces JV with Helios SinoGulf to develop a business and logistics park at Al Ain airport

Notes and media contacts

About Abu Dhabi Airports Company (ADAC):
Abu Dhabi Airports Company (ADAC) is a public joint-stock company wholly owned by the Abu Dhabi Government.

It was incorporated by Amiri Decree number 5, issued on 4th March 2006, to spearhead the development of the Emirate's aviation infrastructure.

In September 2006 ADAC took over responsibility for the operation and management of Abu Dhabi and Al Ain international Airports. In 2008, ADAC added Al Bateen private jet airport, formerly Al Bateen military airbase, and Sir Baniyas Island Airport to its portfolio.

These airports all serve different segments of the marketplace and help contribute to Abu Dhabi's development as a destination for both business and leisure tourism.
Currently under way is the large scale Dhs25bn ($6.8bn) re-development and expansion of Abu Dhabi International Airport designed to increase the overall capacity of the airport to more than 20 million passengers per year.

As part of this redevelopment, a second runway and a third terminal have been completed. A new ATC tower and the Midfield Terminal Complex will complete the redevelopment within the next few years.

About Helios SinoGulf :
Helios SinoGulf is a Joint Venture formed in November 2008 between Helios Properties PLC and SinoGulf Real Estate Investments LLC of Abu Dhabi with the intent to develop warehousing and logistics parks across the GCC.

Helios Properties PLC is a specialist industrial property development company working throughout the UK and wider continental Europe, and has developed well known logistics parks in the United Kingdom, Romania, Croatia, Hungary, Germany and many others. SinoGulf Real Estate Investments LLC, known as SinoGulf Investments, was established in Abu Dhabi in 2003 to develop real estate opportunities and assets within the Gulf region.

SinoGulf is also a large investor within the Sharjah Investment Centre and the Abu Dhabi Business Hub. It has a number of subsidiaries and associates including SinoGulf (DIFC) Limited, an Asset Management subsidiary that is licensed by the DFSA.

For more information please contact:
David Ogden, Helios SinoGulf LLC (Abu Dhabi)
Tel: +971 2 495 5000
Robert Waugh, SinoGulf Real Estate Investments LLC
Tel: +971 2 495 5000
Trevor Cartner, Helios Properties Plc
Tel: +44 (0) 20 7629 6452

For more information, please contact:
Press Office, ADAC - Abu Dhabi Airports Company
P.O. Box: 94449, Abu Dhabi, U.A.E
Telephone:+971 2 505 3431
Fax: +971 2 575 8300
Mobile: +971 50 2205188