Aldar Properties CFO on FY Earnings, Dividend Policy

The video discusses the decline in net income due to adjustments in the investment property portfolio, which remains robust compared to the wider market. Despite a soft market, there is optimism about growth in the development management business, particularly in the middle-income sector. The company plans to leverage its land bank and cash reserves for acquisitions and asset management growth. A dividend policy update reflects a balance between rewarding shareholders and reserving capital for growth. The residential market shows strong occupancy, and the opening of the Louvre boosts tourism, while geopolitical tensions have minimal impact.

What is the company's plan regarding its cash stockpile?

What impact has the Louvre opening had on the property market?

What are the company's expectations for the middle income market in 2018?