Mideast Royals Invest $680 Million In London Developer Regal - Bloomberg
Arada Developments, co-owned by the son of Saudi Arabian Prince Alwaleed bin Talal and a member of Sharjah’s royal family, is investing 2.5 billion dirhams ($680 million) in a London real-estate developer as it expands its operations into developed markets.
Arada will have a 75% stake in London’s Regal, which has a development pipeline of homes across the UK, the Sharjah-based firm said in a statement.
Developers in the United Arab Emirates — which Dubai and Sharjah are part of — have been left flush with cash after a property boom at home. Many have begun expanding globally in order to use that money and create a cushion against any potential slowdown in their domestic market.
The acquisition comes as a string of pressures roil London’s property market. At Britain’s biggest housebuilder Barratt Redrow Plc, annual sales fell short of previous guidance after weaker demand for its homes in the city. Developers in the capital also remain under pressure from higher borrowing costs and regulatory hurdles. Fewer than 4,000 new homes were sold in the first half of 2025 in London, according to data from researcher Molior London, the lowest level since 2010.
Regal is best known for building apartment blocks, student accommodation and senior living communities in London. The firm also develops workspaces and has commercial real estate space.
The London-based developer’s projects include The Haydon, a luxury apartment block in the City of London and Fulton & Fifth, an 800-home neighborhood in North London that’s a stone’s throw from the iconic Wembley Stadium.
The developer’s UK arm, set to be renamed Arada London, has a 10,000-unit pipeline across 11 projects. The transaction will enable the pipeline to triple over the next three years, the statement said.
Sharjah, where Arada is a major developer, has seen a surge in demand for property amid a flow of residents seeking a haven from Dubai’s soaring prices and rents.
Arada bought land and is building 2,500 homes in Australia, which is facing an acute shortage of new housing supply.
In January, another UAE firm made an investment in UK real estate. Abu Dhabi-based Modon Holding PSC bought a 50% stake in the London skyscraper that will house Ken Griffin’s Citadel and Citadel Securities once complete.
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