Tecom Group PJSC, a leading Dubai-based developer and operator of specialised business districts, has announced impressive financial results for the first nine months of 2025. The company reported a net profit of Dh1.1 billion, marking an 18% year-on-year increase. This growth was fueled by higher occupancy rates, increased rental income, and strategic portfolio expansion. Revenue for the period surged by 20% to Dh2.1 billion, while EBITDA rose to Dh1.7 billion, maintaining a robust margin of 79%. Funds from operations also grew by 16%, reaching Dh1.5 billion. The Group’s operational performance was strong across its Commercial, Industrial, and Land Lease segments. Commercial and Industrial assets achieved a 96% occupancy rate, up 2% from the previous year, while Land Lease occupancy jumped 8% to 98%. Abdulla Belhoul, CEO of Tecom Group, attributed the success to the company’s agility in navigating market dynamics and its disciplined focus on delivering customer value. He highlighted the Dh4.3 billion strategic expansion plan and Dubai’s appeal as a top destination for Greenfield FDI projects as key drivers of momentum. In Q3 2025 alone, Tecom Group generated Dh724 million in revenue, a 19% year-on-year increase, with net profit rising 10% to Dh373 million. EBITDA for the quarter reached Dh563 million, up 13% from the same period last year. A significant milestone was the Dh1.6 billion acquisition of 138 land plots in Dubai Industrial City, adding 33 million sq.ft. to its portfolio. This expansion increased the Group’s total Land Lease holdings to over 209 million sq.ft., solidifying Dubai Industrial City’s position as a hub for manufacturing and logistics. The acquisition aligns with national initiatives such as Operation 300bn, Make it in the Emirates, and the Dubai Economic Agenda ‘D33’, which aim to accelerate industrial growth in the UAE. Additionally, Tecom concluded its dividend policy with a final Dh400 million payout for H1 2025, bringing the total dividends over three years to Dh2.4 billion, in line with its commitment to shareholder returns following its 2022 listing.