10.4 C
Hamburg
Sunday, June 8, 2025
Home News KEZAD Assets Management Company to manage 750,000m² of built-up assets under KEZAD...

KEZAD Assets Management Company to manage 750,000m² of built-up assets under KEZAD Group

KEZAD Group, a subsidiary of AD Ports Group within the Economic Cities & Free Zones sector, renowned for its management of integrated and purpose-built economic zones in the UAE, is poised to hand over the management of approximately 750,000m² of its developed assets to KEZAD Assets Management Company (KAMC).

According to a statement, this move positions KAMC as a significant player in the industrial and logistics assets domain, focusing on strategic acquisitions, management, and operations.

Initially unveiled in October 2022 by KEZAD Group, KAMC’s establishment was aimed at overseeing the management of KEZAD Group’s existing built-up assets. With approximately 500,000 square meters of built-up assets currently under its purview and an additional 250,000 square meters anticipated for delivery by 2025, KAMC is set to expand its presence and influence in the sector.

“The establishment of KEZAD Assets Management Company is a pivotal step in our strategic expansion. Through this new venture, we are fostering a dynamic ecosystem of growth and innovation in the industrial and logistics sectors. KAMC is uniquely positioned to drive sustainable value and contribute significantly to the economic diversification of Abu Dhabi and the wider region,” stated Abdullah Al Hameli, CEO of Economic Cities & Free Zones, AD Ports Group.

Moreover, KAMC will actively engage in the acquisition, maintenance, and operation of a portfolio comprising high-quality industrial and logistics assets. The company’s approach will prioritize implementing strategies aimed at creating and preserving value at the asset level.

“The launch of KEZAD Assets Management Company marks a new era for KEZAD Group, aligning with our vision to be a world-class industrial and logistics hub. This strategic step enhances our competitive edge, provides unparalleled services to our clients, and further solidifies our role as a key driver of the region’s industrial growth and prosperity in Abu Dhabi,” said Mohamed Al Khader Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi – KEZAD Group.

Utilizing its extensive global network, client and broker connections, and robust risk management strategies, the company aims to ensure efficient operations. The organizational framework of KAMC comprises key functions including Deal Sourcing & Management, Leasing & Property Management Oversight, Joint Ventures & Limited Partnerships, and Risk Management. Leveraging the expertise housed within the existing units of EC&FZ / KEZAD Group, KAMC is poised to operate with optimal efficiency.





Latest Posts

Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...

China to counterbalance Panama setback through South America projects

As geopolitical tensions deepen and shipping lanes become politicized battlegrounds, China is recalibrating its approach to the Western Hemisphere. The recent retreat of CK Hutchison...
error: Content is protected !!