Aldar Properties completed the acquisition of London Square for £230m.

Aldar Properties, a real estate developer, investor, and manager, completed the acquisition of London Square, a residential home developer, for £230m. “Our recently announced international expansion strategy centres on exploring opportunities to acquire or partner with established operating platforms in our target markets. The acquisition of London Square represents our first market entry outside of the region, and is a testament to the company’s management team, governance framework, and business model which has consistently delivered strong performance. The transaction, which is synergistic in nature, gives us the ability to leverage our mutual strengths, shared values, and common approach to homebuilding to scale London Square while bringing the best of Aldar to bear in the UK’s property market, as we continue to build our foothold outside of the region," Talal Al Dhiyebi, Aldar Properties CEO.