Regal to become Arada London after £500m Emirati acquisition

Ahmed Alkhoshaibi, Group CEO of Arada

UAE firm buys 75% stake and promises to triple pipeline over next three years.

An Emirati master developer has taken a 75% stake in the London-based residential developer Regal.

Arada, which is based in Dubai, has committed to an initial £500m to acquire and invest into the 150-person business in order to accelerate its delivery over the next two years.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now