Abu Dhabi — Abu Dhabi Ports Group announced on Wednesday the completion of a major asset sale involving the KIZAD Logistics Park Free Zone 3 in Abu Dhabi. 

The transaction, valued at AED 295 million, transfers ownership of several industrial and logistics warehouses within the free zone to Mir Group.

The divestment is part of Abu Dhabi Ports’ ongoing strategy to optimize its asset portfolio and strengthen partnerships with private sector investors. The warehouses, located in the Khalifa Industrial Zone Abu Dhabi (KIZAD), are considered a key hub for logistics and industrial operations, serving both domestic and international trade flows.

Officials noted that the deal underscores the growing attractiveness of Abu Dhabi’s logistics and industrial infrastructure to regional and global investors, while enabling Mir Group to expand its footprint in the emirate’s free zone sector.

Abu Dhabi Ports emphasized that it remains committed to enhancing the competitiveness of KIZAD and supporting the UAE’s broader economic diversification agenda, even as it pursues selective asset sales to unlock value and attract new investment.