Overview

• Deal terms include £230 million for the stake plus a £270 million fund for land and development, with Arada also citing an initial AED2.5 billion ($680 million) commitment across the acquisition and growth.
• Regal contributes an existing pipeline of about 10,000 homes across 11 London projects and has delivered more than 4,000 units over three decades.
• Regal’s founders Simon De Friend and Paul Eden, together with the executive team, will remain as the business takes the Arada London name.
• Arada says scale and centralized procurement will help offset construction cost inflation while accelerating delivery of schemes including Wembley’s Fulton & Fifth and the approved Orchard Wharf.
• Beyond London, Arada plans a Ras Al Khaimah project next year and reports ongoing discussions with Saudi Arabia’s Public Investment Fund on large mixed-use developments.