London: H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of Arada, has attended the signing of a transaction in London that marks Arada's acquisition of a 75 percent stake in the UK's Regal, one of London's leading residential-led mixed-use developers.
According to Emirates News Agency, this acquisition marks Arada's entry into the UK and is its second international expansion, aligning with its strategy of growing and diversifying its business geographically. Having established a presence in the UAE since its launch in 2017 and expanded into Australia in 2024, acquiring Regal gives Arada an immediate presence in the London market.
As part of the transaction, Arada is committing an initial AED2.5 billion of capital to acquire and invest in the 150-person-strong Regal business, which will become Arada London. Arada's acquisition of the company, with a 30-year track record, will accelerate the delivery of Regal's existing 10,000-unit residential pipeline over 11 projects, with an ambition to more than triple this over the next three years.
H.H. Sheikh Sultan bin Ahmed emphasized that London is one of the world's leading cities, and this expansion represents a strategic step for Arada in response to the strong demand for residential space. This investment provides an opportunity to accelerate the delivery of new residential assets in London, in line with Arada's long-term strategy to develop high-quality projects.
Over its eight-year history, Arada has launched 10 projects across the UAE, including Aljada and three master plans of the Masaar forested community. In Australia, nine upcoming developments totalling 5,000 units have positioned the company as one of the country's largest developers by pipeline. The value of Arada's projects across the UAE and Australia amounts to over AED95 billion.
Arada, rated B1 by Moody's and B+ by Fitch, brings financial strength and development experience to the London property market. The acquisition presents benefits, including the merging of complementary skill sets and expertise in high-quality, amenity-rich residential-led projects. The transaction also creates opportunities to cross-sell residential products across both businesses' sales platforms.
Since its inception, Regal has built over 4,000 residential units and 1 million sq ft of commercial space. Regal's executive team and founders will remain with the business. Regal's projects under construction include Fulton and Fifth in Wembley, a mixed-use development comprising 876 homes, 40 percent of which will be affordable, and is home to Regal's second Regal Academy.
Rothschild and Co acted as sole financial and strategic adviser to Regal.