UAE: Etihad Airways exits property deals as restructure continues

Etihad Airways is offloading its stakes in two real estate developments that share its name, Etihad Plaza and Etihad Airways Centre, while taking full control of its own headquarters building, in a Dh1.2bn ($327m) deal with the local Aldar Investment Properties. Previously the three properties were owned in a 50/50 joint venture between the two companies. The deal, announced on 27 February, should be wrapped up before the end of June.