GFH Partners Limited, a prominent institutional fund manager based in Dubai and regulated by the Dubai Financial Services Authority (DFSA), has successfully acquired a significant logistics property in Riyadh for approximately SAR200 million. This strategic purchase, executed through one of the real estate funds that the firm advises, underscores GFH Partners’ commitment to strengthening its investment footprint in the logistics sector.
Strengthening Regional Logistics Investments
The acquisition enhances GFH Partners’ regional industrial and logistics investment platform, which now boasts around SAR1.5 billion in assets. This move is integral to the company’s broader global real estate strategy, with total assets under management now reaching roughly SAR26 billion. The acquisition of the Riyadh logistics property reflects GFH Partners’ ambition and highlights the escalating demand for logistics infrastructure in the Gulf region.
A Prime Location in Riyadh
Situated in Riyadh’s bustling industrial and logistics zone, the newly acquired property covers more than 40,000 square meters and offers an array of features, including 12-meter clear heights, dedicated truck docks, high power capacity, and direct access to both Eastern and Southern Ring Roads. This strategic location positions the facility as a key asset for logistics operations, serving one of the region’s most active distribution hubs.
Leasing to Leading Logistics Operators
This facility is currently fully leased to top-tier logistics operators who require high-quality, scalable warehousing solutions. The property’s modern specifications and advantageous location make it an attractive choice for businesses looking to optimize their logistics operations in Saudi Arabia.
A Growing Portfolio and Future Plans
The Riyadh acquisition marks GFH Partners’ fourth logistics property purchase in Saudi Arabia and represents the 34th asset within its broader industrial platform. The firm’s portfolio spans key logistics and industrial zones across both Saudi Arabia and the UAE, housing more than 120 tenants. These sites benefit from their strategic proximity to major multimodal transport corridors, including the Jebel Ali Free Zone (JAFZA), Dubai South, and the industrial regions of Dammam and Riyadh.
Mohamed Ali, Head of GCC at GFH Partners, expressed the firm’s optimism about the region’s logistics market, stating, “We see the industrial and logistics sector in the GCC continuing to experience strong growth, supported by national initiatives to diversify the economy and enhance supply chain infrastructure.” He further emphasized, “Our strategy is to build scale through partnerships and disciplined execution, aligning with institutional investors seeking exposure to this sector.”
Since the inception of its GCC logistics platform in 2023, GFH Partners and its affiliates have rolled out three dedicated funds targeting industrial and logistics assets in Saudi Arabia and the UAE. The firm is committed to further expanding its logistics portfolio through new built-to-suit projects, infrastructure-linked developments, and additional acquisitions expected in the near future.