Kezad Group Consolidates Built Assets Under New Asset Management Company

UAE, 22 February, 2024 : Abu Dhabi's Kezad Group has consolidated all its built assets, totaling 750,000 square meters, under a new entity called Kezad Asset Management Company (KAMC). 

This move solidifies KAMC's position as a major player in the UAE's industrial and logistics assets sector within the AD Ports Group.

Established in October 2022, KAMC focuses on managing existing built-up assets, with plans to handle an additional 250,000 square meters by 2025. Led by Abdullah Al Hameli, CEO of Economic Cities & Free Zones at AD Ports Group, KAMC aims to drive sustainable value and contribute to Abu Dhabi's economic diversification.

KAMC's scope includes acquiring, maintaining, and operating a portfolio of high-quality industrial and logistics assets. With functions ranging from deal sourcing to risk management, the company aims to enhance its competitive edge and support the region's industrial growth under the leadership of Mohamed Al Khader Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi at Kezad Group.

Source: https://gulfnews.com/