Aldar alliance with Fifth Wall for ‘proptech’

May 03, 2021

Abu Dhabi’s Aldar Properties has entered an alliance with Fifth Wall – the world’s biggest venture capital firm focussed on real estate technology – to tap into its network of proptech startups in Europe and gain access to the latest technologies and trends in the sector. The partnership with Fifth Wall adds to Aldar’s existing portfolio of investments focused on promoting innovation and tech in real estate and retail sectors and marks the next phase of its innovation journey to keep pace with the advancements of the Fourth Industrial Revolution. Since inception in 2016, Fifth Wall has built $2.5 billion in commitments and capital under management.

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