{"id":33456,"date":"2016-11-08T15:19:00","date_gmt":"2016-11-08T08:19:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=33456"},"modified":"2016-11-08T12:39:30","modified_gmt":"2016-11-08T05:39:30","slug":"aldar-properties-q3-net-profit-up-16-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-properties-q3-net-profit-up-16-per-cent\/","title":{"rendered":"Aldar Properties Q3 net profit up 16 per cent"},"content":{"rendered":"


\nAldar Properties, Abu Dhabi’s biggest publicly traded real estate company, said its net profit in the third quarter increased 16 per cent amid high occupancy at rates at Yas Mall and across its office and residential properties. The company also said that it sold Dh1 billion of property off plan, meaning that buyers booked properties from the drawing board and will by and large pay in installments until it is completed. Net income for the three months ended September rose to Dh737 million from Dh638m in the same period last year. Revenues rose 61 per cent year-on-year in the third quarter to Dh1.9bn, it said. “We continue to see demand for high quality real estate in Abu Dhabi’s prime locations,” Mohamed Khalifa Al Mubarak, chief executive of Aldar Properties, said. “Our increasingly diverse buyer mix demonstrates we are bringing the right product, at the right price, in the right location and servicing previously untapped segments of the market where we see real demand.” mkassem@thenational.ae
\n
\nSource : thenational.ae
\nRead more…Aldar Properties Q3 net profit up 16 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Aldar Properties, Abu Dhabi’s biggest publicly traded real estate company, said its net profit in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-33456","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-8HC","jetpack-related-posts":[{"id":33577,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-occupancy-rates-boost-net-profit-for-aldar-properties\/","url_meta":{"origin":33456,"position":0},"title":"Higher occupancy rates boost net profit for Aldar Properties","date":"November 8, 2016","format":false,"excerpt":"\r Aldar Properties, Abu Dhabi's biggest publicly traded real estate company, said its net profit in the third quarter increased by about 16 per cent amid high occupancy rates at Yas Mall and across its office and residential properties. The company also said that it sold Dh1 billion of property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-aldar-properties-q2-net-profit-up-9-7-per-cent\/","url_meta":{"origin":33456,"position":1},"title":"Abu Dhabi's Aldar Properties Q2 net profit up 9.7 per cent","date":"August 2, 2016","format":false,"excerpt":"\r Aldar Properties, the state-linked builder of Abu Dhabi's Formula One circuit, reported a 9.7 per cent rise in second-quarter net profit on Tuesday, beating a forecast by investment bank SICO Bahrain.Aldar made a profit of Dh657.4 million in the three months to June 30, it said in a statement,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12498,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-aldar-properties-q1-net-profit-gains-14-1-per-cent\/","url_meta":{"origin":33456,"position":2},"title":"Abu Dhabi's Aldar Properties Q1 net profit gains 14.1 per cent","date":"May 10, 2016","format":false,"excerpt":"\r Abu Dhabi's Aldar Properties reported a 14.1 per cent rise in first-quarter net profit on Tuesday, maintaining its run of improving earnings.The state-linked builder of Abu Dhabi's Formula One circuit, which reported higher profits in nine of the preceding 10 quarters, made a profit attributable to equity holders of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-properties-third-quarter-net-profit-up-16-per-cent\/","url_meta":{"origin":33456,"position":3},"title":"Aldar Properties third-quarter net profit up 16 per cent","date":"November 8, 2016","format":false,"excerpt":"\r Aldar Properties, Abu Dhabi's biggest publicly traded real estate company, said its net profit in the third quarter increased 16 per cent amid high occupancy at rates at Yas Mall and across its office and residential properties. The company also said that it sold Dh1 billion of property off\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4783,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-aldar-properties-q4-profit-rises-9-1-per-cent\/","url_meta":{"origin":33456,"position":4},"title":"Abu Dhabi's Aldar Properties Q4 profit rises 9.1 per cent","date":"February 15, 2016","format":false,"excerpt":"\r \r Abu Dhabi's Aldar Properties reported on Monday a 9.1 per cent rise in fourth-quarter net attributable profit, according to Reuters calculations.The builder of Abu Dhabi's Formula One circuit made a profit attributable to equity holders of Dh760 million in the three months to December 31, Reuters calculated based\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabis-aldar-properties-keeping-close-eye-on-housing-stock-as-prices-flatline\/","url_meta":{"origin":33456,"position":5},"title":"Abu Dhabi's Aldar Properties keeping close eye on housing stock as prices flatline","date":"February 15, 2016","format":false,"excerpt":"\r \r Abu Dhabi's Aldar Properties is monitoring the amount of real estate it puts up for sale as it tries to manage the impact of a slowdown in the sector, a company executive said on Monday.He was speaking after the developer reported a 9.1 per cent rise in fourth-quarter\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/33456"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=33456"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/33456\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=33456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=33456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=33456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}