- IHC to sell its entire 42.54% stake in Modon Holding to L’imad Holding Company PJSC
- Strategic move under IHC’s active portfolio management framework, maintaining any single-sector exposure below 20%
- Provides additional liquidity to redeploy into high-growth priority sectors
- Reduces concentration in the Real Estate and Construction sector, while reinforcing portfolio balance
Abu Dhabi, UAE – 30 October 2025: IHC, the global investment company focused on building dynamic value networks, today announced the sale of its entire 42.54% shareholding in Modon Holding (‘’Modon’’), a leading real estate and infrastructure development platform, to L’imad Holding Company PJSC, a wholly owned company by the Abu Dhabi Government. The transaction is a deliberate, strategic step within IHC’s active portfolio management program to maintain balanced exposure across sectors and geographies and unlock additional liquidity.
The sale aligns with IHC’s sector concentration framework, which targets no more than 20% exposure to any single sector. By rebalancing its weighting in real estate and construction, IHC will recycle capital into scalable opportunities across healthcare, technology, energy, food & agriculture, financial services, and related verticals consistent with the Group’s diversified growth strategy.
Since IHC’s acquisition of its 42.54% stake in August 2023, Modon has scaled rapidly to a market-leading position. In FY 2024, the company delivered multi-billion-dirham revenue and profitability, with momentum carrying into H1 2025. The period also saw record real-estate sales and a strong revenue backlog, underscoring the resilience of Modon’s platform and its outlook. Accordingly, IHC is executing a timely exit to unlock liquidity and advance its diversified growth strategy.
“This sale reflects our disciplined approach to capital allocation and our commitment to maintaining a well-balanced, diversified portfolio. While we continue to see attractive fundamentals in real estate, our strategy is to avoid over-concentration in any single sector. Recycling capital from Modon provides additional liquidity to accelerate investment into other high-growth areas where we believe we can create sustainable, long-term value for our shareholders.”
Syed Basar Shueb
CEO of IHC
IHC will continue to actively evaluate opportunities across sectors, building on its proven ability to originate and scale platforms that contribute to resilient cash flows, innovation, and long-term value creation for all stakeholders.