Logo ofGFH Financial Group
GFH Bank signed a strategic memorandum of understanding (MoU) with OCTO Management Consultancies (OCTO) to develop a $300 million (AED 1.1 billion) logistics and industrial real estate platform in Saudi Arabia and the UAE. 
The partnership aims to capitalize on the strong growth fundamentals underpinning the logistics and industrial sectors across the GCC, driven by the rapid expansion of e-commerce, supply chain localization, manufacturing growth, and major infrastructure investments in both markets, GFH said in a statement.
Under the agreement, GFH will act as investment manager and development partner for the platform, which will focus on developing logistics and industrial assets, including large-scale warehouses, multi-tenant industrial facilities, cold storage assets, and distribution centers across Saudi Arabia and the UAE.
The bank noted that the strategy will primarily target development-stage assets through a balanced mix of build-to-suit and speculative development projects, enabling the platform to benefit from rising tenant demand and create attractive long-term value opportunities.
GFH expects the platform to invest in projects aimed at generating risk-adjusted returns by combining development expertise, active asset management, and disciplined market selection.
The lender currently manages approximately $24 billion in assets and investment funds, including a global investment portfolio spanning the GCC, the United States, and Europe across sectors such as logistics, healthcare, education, technology, and real estate.
Logo ofGFH Financial Group
GFH Bank signed a strategic memorandum of understanding (MoU) with OCTO Management Consultancies (OCTO) to develop a $300 million (AED 1.1 billion) logistics and industrial real estate platform in Saudi Arabia and the UAE.
The partnership aims to capitalize on the strong growth fundamentals underpinning the logistics and industrial sectors across the GCC, driven by the rapid expansion of e-commerce, supply chain localization, manufacturing growth, and major infrastructure investments in both markets, GFH said in a statement.
Under the agreement, GFH will act as investment manager and development partner for the platform, which will focus on developing logistics and industrial assets, including large-scale warehouses, multi-tenant industrial facilities, cold storage assets, and distribution centers across Saudi Arabia and the UAE.
The bank noted that the strategy will primarily target development-stage assets through a balanced mix of build-to-suit and speculative development projects, enabling the platform to benefit from rising tenant demand and create attractive long-term value opportunities.
GFH expects the platform to invest in projects aimed at generating risk-adjusted returns by combining development expertise, active asset management, and disciplined market selection.
The lender currently manages approximately $24 billion in assets and investment funds, including a global investment portfolio spanning the GCC, the United States, and Europe across sectors such as logistics, healthcare, education, technology, and real estate.
