UAE-based Arada has acquired a 75% stake in British developer Regal for 2.5 billion dirhams ($680.70 million), marking its expansion into London after Australia. Regal will be renamed Arada London. Arada aims to triple Regal’s 10,000-unit pipeline in three years, capitalizing on strong demand for residential space.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets