ABU DHABI – Aldar Properties has confirmed that its operations across residential, retail, commercial offices, logistics, hotels, schools and development sites across the UAE continue uninterrupted and the company remains operationally and financially resilient.
During this period, teams across Alder’s various operations are working tirelessly to support residents, protect communities and limit disruption to daily life. In particular, the community management team is increasing engagement with residents and tenants by introducing a range of community-wide initiatives designed to support families and keep children actively involved. Meanwhile, Alder’s hospitality team is working closely with industry partners and relevant authorities to support stranded visitors and ensure an optimal guest experience.
The company maintains a strong established business continuity and risk management framework, which is applied to all operations. Aldar’s technology architecture is designed for resiliency, ensuring uninterrupted service and customer engagement with a cloud-based system featuring geographic redundancy, diversified contact center operations, and distributed CRM infrastructure across multiple geographies.
The company noted that its debt maturity profile continues to be well managed and there is no need for major refinancing over the next two years. It also continues to benefit from diverse sources of funding across banking and capital markets without any disruption in access to capital.
Recent capital market transactions, including a hybrid issuance, green sukuk issuance and sustainability-related facilities, have further strengthened the company’s capital structure and liquidity position, strengthening its long-term resilience.
