Abu Dhabi, UAE – Aldar Properties confirmed that its operations in the UAE are proceeding at a regular pace.
She noted that its various activities, including residential communities, commercial destinations, office assets, logistics facilities, hotels, schools, and development sites, continue to operate at full operational capacity, given the strength of their operational and financial conditions.
Al Dar explained that the work teams in its various sectors continue during this period to intensify their efforts to support the population and limit any impact that may occur on the pace of daily life.
Community management teams have strengthened communication channels with residents and tenants.
In addition to launching community initiatives and organizing various activities targeting families and children.
Hospitality teams continue to work in coordination with partners and relevant authorities to support visitors affected by travel conditions.
Ensuring the best possible guest experience.
She added that the company continues to manage its operations according to a well-established system of systems and procedures that ensure business continuity and enhance the efficiency of risk management across its various operational processes.
She pointed out that its technical architecture was designed based on cloud geo-replication mechanisms and distributed systems.
To ensure continuous communication with customers and maintain smooth operational performance without interruption.
The company indicated that it is managing its outstanding debts according to a balanced and thoughtful approach, as the group does not face any major refinancing requirements during the next two years.
In addition to benefiting from a diversified financing base that includes banking and capital markets, without any interruption in the available financing channels.
Al Dar pointed out that its recent issuances in the capital markets, including hybrid issuances, the offering of green instruments and sustainability-related facilities, contributed to strengthening Al Dar’s capital structure and raising its level of liquidity, which supports the stability of its financial and operational performance in the long term.
