Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Awards
BBK awarded for distinguished Corporate Governance practices
Bahrain’s pioneer in commercial and retail banking
BBK wins first place for excellence in Corporate Governance practices
BBK wins Bahrain eContent Award
BBK newsletter
CINET
BBK Press releases
Latest News
Archives
Financial News
Latest News
Archives
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Media Center
Financial News
Archives
Archives
10-11-14
UAE's Aldar Properities eyes an acquisition in Dubai
(MENAFN) Aldar Properties, Abu Dhabi's largest property company, announced that its hospitality and leisure arm is considering plans to expand its hotel portfolio to Dubai through making some acquisitions in the sector, Arabian Business reported.
The company said that it is planning to focus on the UAE for the next three years, with plans of developing more properties in Abu Dhabi and a debut in the Dubai market
"Dubai is a market that nobody can ignore, especially on the hospitality and leisure side, so it's very interesting to us. Our focus is on a stable recurring revenue stream. In order to turn on the tap straight away we think acquisitions are the way to go so we're going to continue focusing on development, but we're going to look at acquisitions," Director of hospitality and leisure, Aldar Properties PJSC said.
Aldar's hospitality and leisure division, which came as the result of the company's merger with Sorouh Real Estate, has been taking an active approach in managing and growing the company's hospitality and leisure portfolio, with the division currently owning and operating nine hotel assets across Abu Dhabi.
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us