GFH Partners Ltd, a prominent institutional fund manager based in Dubai International Financial Centre and regulated by the DFSA, has announced a significant acquisition in the logistics sector. One of its advised real estate funds has secured a large-scale logistics property in Riyadh for approximately 200 million Saudi riyals. This strategic move underscores GFH Partners’ commitment to expanding its industrial and logistics investment platform in the GCC region, which now boasts assets worth around 1.5 billion riyals. The firm’s global assets under management (AUM) currently stand at an impressive 26 billion riyals. The newly acquired property, situated in Riyadh’s industrial and logistics zone, spans over 40,000 square meters and features state-of-the-art infrastructure, including 12-meter clear heights, truck docks, high power capacity, and direct access to Riyadh’s Eastern and Southern Ring Roads. Fully leased, the asset caters to leading logistics operators seeking scalable, high-quality infrastructure in one of the region’s most sought-after distribution hubs. This acquisition marks the fourth asset secured by GFH Partners in Saudi Arabia and the 34th property within its broader platform. The platform’s properties are leased to over 120 tenants across strategic industrial and logistics zones in Saudi Arabia and the UAE, benefiting from prime access to multi-modal transport corridors linking key regional markets, including JAFZA, Dubai South, and industrial cities in Dammam and Riyadh. Mohamed Ali, Head of GCC at GFH Partners, emphasized the firm’s optimistic outlook on the industrial and logistics sector in the GCC, citing strong growth driven by national initiatives to diversify economies and enhance supply chain infrastructure. Since launching its GCC platform in 2023, GFH Partners and its affiliates have managed three dedicated funds focused on industrial and logistics assets in Saudi Arabia and the UAE. The firm continues to expand its portfolio, with several built-to-suit and infrastructure-related development transactions underway in the logistics sector, alongside plans for additional acquisitions in the near future.