Arcapita turns its logistics money homeward with a USD 1.5 bn GCC build-to-suit push

Arcapita brings its money home: Bahrain’s Arcapita will put another USD 1.5 bn into GCC warehouses and industrial sites over the next 24 months, the firm said. That’s on top of the more than USD 2 bn it already runs in the sector across the Gulf.

Built to order, leased for decades: Arcapita will build and buy, but the emphasis is build-to-suit, with facilities designed around a single occupier and tied to long-term leases. Lintara Properties, the development and asset management arm it launched in October 2025, runs the pipeline. The flagship is a forward-funded hub at Saudi Arabia’s King Salman Energy Park for ASMO, the Aramco-DHL joint venture. Arcapita owns it, and ASMO leases it for 22 years. In Jebel Ali Free Zone, Arcapita delivered a warehouse for DSV in May and broke ground on one for DP World.

Why it matters: Arcapita is selling into demand for “supply chain resilience, regional self-sufficiency and operational redundancy,” Isa Al Khalifa, head of MENA real estate and Lintara CEO, said. It also points to a shortage of institutional-grade space in several GCC markets. A year in which war largely shut Hormuz makes that an easy sell.

The money is coming home. At last year’s Gateway Gulf, Arcapita pledged more than USD 1 bn for US and UK warehouses and data centers. Its GCC book has roughly doubled since Lintara launched with more than USD 1 bn, hitting the USD 2 bn target it set for 2025 behind schedule. The competition is bigger: Lunate and Blackstone’s GLIDE is targeting USD 5 bn of Gulf warehouses.