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Aldar, Mubadala are the new joint owners of Masdar City’s The Link
A JV by Abu Dhabi developer Aldar and Mubadala acquired The Link in Masdar City, a mixed-use development housing the headquarters of renewables firm Masdar and Mohamed bin Zayed University of Artificial Intelligence, among other facilities, according to a press release (pdf). The asset includes five buildings, spread over 32k sqm of net leasable area.
BACKGROUND- The two companies formed a AED 30 bn JV in 2024, including a plan to develop AED 3 bn worth of commercial and residential properties in Masdar City, which houses over 400k sqm of leasable area at 95% occupancy.
Investcorp leans deeper into US housing
Abu Dhabi-based Investcorp Capital has made yet another US play, deploying USD 200 mn into senior living, multifamily, and select rental assets across California, New York, and New Jersey, according to a press release (pdf). The portfolio brings together three assets with about 94% average occupancy as of end-2025. The company said it is targeting properties with strong in-place income and room for operational upside.
ICYMI- We’ve been covering Investcorp’s push into the US for some time now. Last December, it acquired a USD 400 mn US industrial real estate portfolio, following another takeover of US industrial assets the year before. On the flipside, it sold its previous US industrial real estate assets earlier in 2025 in a move that brought in USD 360 mn. The multifamily play is also tried and tested for the firm, which exited 12 US multifamily real estate assets last year for USD 550 mn. There could be more where that came from, after Investcorp said it plans to deploy at least USD 6 bn in FY 2025-26.
Sharjah is getting more EV infrastructure
Sharjah is getting 100 fast EV chargers under an agreement between Sharjah Roads and Transport Authority and ION, the sustainable mobility JV between Beeah and Crescent Enterprises, according to a press release. ION will serve as Sharjah’s first licensed charge point operator, handling deployment, operations, and maintenance.
The timing matters: The rollout follows Sharjah’s new regulatory framework for EV charging infrastructure issued earlier this month and points to a more coordinated push into electric mobility.
It also lands as the UAE’s EV race targets chargers: Dubai is rolling out 600 supercharging stations under an AED 150 mn project, while Abu Dhabi Mobility is deploying 1k Charge AD stations and Adnoc Distribution is targeting 500 chargers by 2028. Nationally, the UAE is targeting 50% EV adoption by 2050 and 10k public chargers by 2030.
Another UAE name lands in Egypt’s Ras El Hekma
Miran Hills joins the Emirati push into Ras El Hekma: UAE-based Miran Hills Real Estate signed a development agreement with Ras El Hekma Urban Development Project Company for a prime North Coast land parcel in Egypt’s flagship coastal megaproject, Ras El Hekma, according to a statement (pdf). The site includes more than 4.8 km of beachfront and is earmarked for a mixed-use development. The agreement’s financial terms weren’t disclosed.
REMEMBER- This isn’t the first time Ras El Hekma has pulled in Emirati developers: ADQ-backed Modon is already the master developer for the first 50 mn sqm phase, with up to EGP 45 bn in infrastructure commitments and 2k acres of works tendered to local contractors. Emirati real estate developer Sky AD also broke ground last year on its AED 6 bn build in the USD 35 bn Ras El Hekma project.
