Capital Reallocation and Financial Strengthening Drive AD Ports Group’s Sale of KIZAD Warehouses for AED 295 Million

Abu Dhabi | EcoPulse24

AD Ports Group has completed the sale of assets in the KIZAD Logistics Park – Free Zone 3 to Mir Group, reflecting the company’s strategy to effectively manage its expanding asset portfolio and improve its financial standing by redirecting capital toward new growth opportunities.

The deal is valued at AED 295 million, covering the sale of warehouses and a 50-year musataha agreement, with payment to be made over two years, including an upfront installment of AED 74 million. The group stated that proceeds from the transaction will be used to support its financial position and reduce liabilities.

The assets are located within the KIZAD Al Ma’mourah area near Khalifa Port, with direct access to key transport corridors that enhance connectivity to regional and global markets. The project covers a total area of 128,451 square meters, with 59,822 square meters of leasable space distributed across four warehouses developed to serve a wide range of industrial and logistics activities.

Operationally, the agreement includes AD Ports Group providing transitional operation and maintenance services to Mir Group for up to three months, ensuring smooth asset transfer and business continuity.

Executive management confirmed that the transaction aligns with a calculated approach balancing value maximization from ready assets and retaining long-term rights on strategically important land, supporting the expansion of infrastructure projects within the economic cities and free zones portfolio.

EcoPulse24 Analysis:
The deal reflects a deliberate financial shift from asset ownership to capital recycling, enhancing funding flexibility and reducing burdens without sacrificing long-term strategic advantages. This approach supports the group’s ability to finance future infrastructure and logistics expansions, improving budget efficiency at a time when careful balancing of growth and financial discipline is required.