Arada Acquires Thameside West: Major Middle Eastern Investment in London

Dubai-based Arada acquires majority stake in East Londons Thameside West project, aiming to deliver at least 5,000 new homes and inject £2.5 billion into the local economy. This move highlights growing Middle Eastern investment in Londons property market, despite a slump in the housing market and construction activity. Aradas CEO, Ahmed Alkhoshaibi, remains confident in the project, citing the Dubai model of investing during market downturns.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.