GFH and OCTO to Develop $300 Million Logistics Platform in Saudi Arabia and UAE by 2026
2026-06-11 11:04
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en.Wedoany.com Reported - GFH Bank and OCTO Management Consulting have announced a partnership to jointly develop a $300 million logistics and industrial real estate platform in the Kingdom of Saudi Arabia and the United Arab Emirates. The announcement was made at the 2026 St. Petersburg International Economic Forum.

The partnership aims to leverage the strong growth fundamentals in the logistics and industrial sectors of the Gulf Cooperation Council (GCC), driven by rapid e-commerce expansion, supply chain localization, manufacturing growth, and large-scale infrastructure investments within both markets.

Under the agreement, GFH will serve as the investment manager and development partner for the platform. The platform will focus on logistics and industrial development opportunities in Saudi Arabia and the UAE, encompassing large-scale warehousing, multi-tenant industrial assets, cold storage facilities, and distribution centers. The investment strategy will primarily target development-stage assets, with a balanced allocation between build-to-suit and speculative developments to capture growing tenant demand and long-term value creation opportunities.

Luay Ahmadi, Global Director and Managing Director of GFH Institutions, stated that collaborating with OCTO to develop this strategic platform further solidifies GFH's position as a leading regional developer and manager of high-quality industrial and logistics assets. He noted that the logistics sectors in Saudi Arabia and the UAE continue to benefit from economic diversification strategies, expanding trade flows, and sustained demand for modern warehousing and distribution infrastructure. This collaboration reflects the company's ongoing focus on identifying thematic sectors with strong long-term fundamentals and providing investors with attractive investment opportunities through rigorous development and asset management capabilities. The company looks forward to leveraging regional expertise and its execution track record to build a high-quality portfolio of institutional-grade logistics assets in both markets.

Jekaterina Cernova, Founder of OCTO Management, expressed delight in partnering with GFH on this initiative, which focuses on one of the most attractive and fastest-growing sectors in the region. Through this collaboration, the company aims to provide investors with access to high-quality logistics and industrial investment opportunities in Saudi Arabia and the UAE, supported by strong market fundamentals and GFH's extensive experience in wealth and investment management.

The platform is expected to deploy capital into projects pursuing attractive risk-adjusted returns through a combination of development expertise, proactive asset management, and rigorous market selection. GFH currently manages approximately $24 billion in assets and funds, with a portfolio spanning the GCC, the United States, and Europe, covering sectors such as logistics, healthcare, education, technology, and real estate.

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