Bahrain-based asset manager Arcapita and Denmark-based logistics firm DSV broke ground on their co-development of a 30k sqm build-to-suit warehouse in Dubai’s Jebel Ali Freezone (Jafza), according to a statement. UAE-based industrial and commercial facility designer Amana is responsible for designing and building the facility. The project is slated for completion in 11 months.

Details: The complex will have a 75k pallet position capacity, a hazardous materials handling zone, and a large covered outdoor storage area. It will also offer specialized logistics services for high-value and sensitive shipments, with a focus on the healthcare and luxury goods sectors. The facility will also feature advanced automation systems and LEED certification for energy efficiency, and it will integrate green building practices into its operations.

REMEMBER- Arcapita is already well-established in the region’s logistics sector, with some SAR 3.8 bn in industrial warehousing assets under the company’s management in the GCC. It also raised about USD 500 mn for its KSA logistics expansion plans back in March.

Latest moves: The firm agreed in December to develop and operate a modern class-A logistics complex in Riyadh with KSA’s Flow Progressive Logistics, the Alsulaiman Group ’s supply chain arm. Arcapita also partnered with Saudi real-estate developer Rikaz in February to develop a 3 mn sqm logistics park in Riyadh dubbed the Node.

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