Gulf’s Arada Buys London Waterfront Plot To Build 5,000 Homes

Arada Developments, co-owned by the son of Saudi Arabian Prince Alwaleed bin Talal and a member of Sharjah’s royal family, has acquired an 80% stake in a London development that’s...

By Zainab Fattah · Bloomberg Markets

Arada Developments, co-owned by the son of Saudi Arabian Prince Alwaleed bin Talal and a member of Sharjah’s royal family, has acquired an 80% stake in a London development that’s slated to add at least 5,000 homes.