
AD Ports sells KEZAD Logistics Park warehousing assets
Abu Dhabi-based AD Ports Group has confirmed the sale of KEZAD Logistics Park’s KLP Free Zone 3 (FZ3), a free zone industrial and logistics cluster of warehousing units located within KEZAD Al Ma’mourah near Khalifa Port, to Mair Group.
The transaction includes the sale of the warehousing assets together with a land lease under a 50-year Musataha arrangement, with a total consideration of AED 295 million payable over a two-year period, including an upfront payment of AED 74 million.
KLP Free Zone 3 spans a total land area of 128,451 m², with 59,822 m² of gross leasable area across four purpose-built warehouse blocks designed to support a wide range of industrial and logistics activities.
Abdullah Al Hameli, CEO of Economic Cities & Free Zones at AD Ports Group, said: “The sale of KEZAD Logistics Park – KLP Free Zone 3 to Mair Group reflects AD Ports Group’s disciplined capital recycling strategy and focus on unlocking value from mature assets, while maintaining long-term control of strategically important land through Musataha structures. The sale strengthens our balance sheet and enables the redeployment of capital into new infrastructure and growth opportunities across our Economic Cities and Free Zones portfolio.”
As part of the transaction, AD Ports Group will provide interim operational and maintenance support to Mair Group for up to three months under a Transition Services Agreement, ensuring a smooth handover.



















