Aldar Partners With Carlyle to Invest in European and UK Self-Storage and Logistics

Aldar Properties, a real estate developer, investor and manager in the United Arab Emirates, is partnering with global private-equity firm The Carlyle Group to invest in self-storage and logistics in Europe and the United Kingdom. Aldar has committed AED 407 million to Carlyle Europe Realty, a pan-European real estate strategy, according to a press release. The initiative also includes other stakeholders, with the goal of investing in a portfolio of self-storage facilities and development sites in Western Europe. In addition, Aldar will have a majority stake in a Caryle-managed portfolio…