KEZAD Assets Management Company Set To Transform Industrial And Logistics Sectors

In a significant move within the UAE's industrial and logistics sectors, KEZAD Group, a leading entity under AD Ports Group's Economic Cities and Free Zones, has announced the transition of management for approximately 750,000 square metres of its built-up assets to KEZAD Assets Management Company (KAMC). This strategic shift, unveiled in October 2022, positions KAMC at the forefront of asset management, focusing on the acquisition, maintenance, and operation of high-quality industrial and logistics assets.

Currently, KEZAD Group boasts around 500,000 sqm of built-up assets with an additional 250,000 sqm expected to be delivered by 2025. The establishment of KAMC is a pivotal step in KEZAD Group's strategic expansion, aiming to foster growth and innovation within the industrial and logistics sectors. Abdullah Al Hameli, CEO of Economic Cities and Free Zones at AD Ports Group, highlighted the venture's significance in driving sustainable value and contributing to Abu Dhabi's economic diversification.

Mohamed Al Khader Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi – KEZAD Group, remarked on the launch as marking a new era for KEZAD Group. This move aligns with their vision to establish a world-class industrial and logistics hub, enhancing their competitive edge and providing unparalleled services to clients. The initiative is set to bolster the region's industrial growth and prosperity significantly.

KAMC's operational strategy includes deal sourcing and management, leasing and property management oversight, alongside joint ventures and limited partnerships. The company aims to leverage global networking, client and broker relationships, and risk management for effective operation. This approach is supported by leveraging the expertise within the existing units of ECand FZ / KEZAD Group for efficient operation.

This development underscores KEZAD Group's commitment to enhancing its role as a key driver in the region's industrial sector. By focusing on strategic acquisitions and asset management through KAMC, KEZAD Group is set to further solidify its position as a leader in the UAE's economic landscape.

With inputs from WAM