Economy Events Local 2025-11-17T10:10:15+00:00

Arada Acquires 80% of Thamesmead West Project in London

Arada has signed a deal to acquire an 80% stake in the London project 'Thamesmead West' valued at 12.3 billion dirhams. This expansion into the UK real estate market affirms London's status as a leading global investment hub.


Arada Acquires 80% of Thamesmead West Project in London

In the British capital London, contracts were signed for the deal under which company 'Arada' is acquiring 80% of the 'Thamesmead West' project. Located on an area of two million square feet, the total project development value amounts to 12.3 billion dirhams. His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Chairman of the Board of Directors of 'Arada', confirmed that the acquisition deal and expansion into the British real estate market by 'Arada' comes after the previous acquisition of 'Regal', affirming the status of London and its appeal as one of the world's leading capitals in development and investment. His Highness also indicated that since the previous acquisition...