Arcapita closes a SAR 1.8 bn fund to develop KSA’s logistics portfolio
Arcapita already manages some SAR 3.8 bn in warehousing assets across the GCC
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Arcapita already manages some SAR 3.8 bn in warehousing assets across the GCC
The JV will develop build-to-lease and build-to-suit facilities for tenants including third-party logistics (3PL), ecommerce, and retail
The hub will cover some 510k sqm in Giza Governorate
The hub will see USD 350 mn in infrastructure and technology investments
The first phase will see some 400 sqm of premium warehousing
The new facility is expected to yield AED 1.2 bn in new trade
Blackstone forms a logistics warehouse property giant: Private Equity firm Blackstone will merge the managements of property developers and investors…
Both countries have outlined new developments to bank on the trend
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