Aldar Properties PJSC (ADX:ALDAR) acquired Spark Security Services for AED 125 million on September 2, 2022. The AED 125 million fully paid in cash. The transaction further strengthens Aldar's property and integrated facilities management platform to deliver a broader offering to customers, ranging from sales, leasing, property management, consultancy services, valuation advisory, hard and soft real estate maintenance, and energy management. Together, these services will add significant value to Aldar's AED 23 billion portfolio of prime property across retail, residential, commercial, and logistics segments, in addition to an expanding roster of notable third-party clients across the region.

Aldar Properties PJSC (ADX:ALDAR) completed the acquisition of Spark Security Services on September 2, 2022