Banner Ad

Q Holding in Abu Dhabi Successfully Completes Ambitious Real Estate Consolidation with ADQ and IHC

The Abu Dhabi investment group Q Holding has made a deal. It gives them control of some big UAE property companies. Q Holding now owns all of ADNEC. That stands for the Abu Dhabi National Exhibitions Company. ADNEC runs the big trade shows in Abu Dhabi.

Q also took over Modon Properties, Miza Investments, and other property firms. This deal follows agreements with two groups – ADQ and IHC Capital Holding. ADQ and IHC both owned a lot of UAE real estate before. Now, many of those assets are under Q Holding. This makes Q one of the largest property players in the UAE now.

Don’t miss out! Browse these stunning new launches before they sell out.

SOBHA Skyscape Avenue
SOBHA Waves Grande Phase 2
DAMAC Lagoon Views 2
DAMAC Riverside
DAMAC Water Vein At DAMAC Riverside
DAMAC Green Vein At DAMAC Riverside

As part of the deal, Q Holding gives convertible bonds to ADQ and IHC. ADQ gets 17 billion dirhams worth. IHC gets 8 billion dirhams worth. The bonds can change into new Q Holding shares later. The share capital of Q Holding is now 16 billion dirham. That’s after adding 9 billion new shares for ADQ and IHC.

The chairman of Q Holding said the deal shows their commitment to growth. He said they will keep helping Abu Dhabi’s real estate economy. They also plan big expansions internationally now.

There will be a name change too. Shareholders need to approve it first. But Q Holding wants to become Modon Holding. That will match their new identity and ambitions better.

Q Holding launched in 2005. It was an IHC subsidiary before. The CEO said this deal is a major shift for them. ADQ and IHC are now key partners.The asset purchases let Q reshape itself. They can enter new areas and overseas markets now. This sets a new benchmark in strategic investing for them.

Enquire NowWhatsapp
Enquire Now

Ready to upgrade your lifestyle? Don't wait!
Register now.