GFH Partners Ltd. (GFHP) has expanded its logistics portfolio in Saudi Arabia with the acquisition of a high-specification logistics facility located in Riyadh’s industrial district. The facility, purchased for approximately SAR 200 million, strengthens the firm’s regional logistics strategy.
The acquisition marks GFHP’s fourth logistics asset in Saudi Arabia and the 34th property in its regional portfolio. This move increases the company’s logistics and industrial assets under management in the GCC to around SAR 1.5 billion. GFHP’s global portfolio now surpasses SAR 26 billion in managed assets.
Key Features of the New Facility
The newly acquired facility spans over 40,000 square metres of operational space. It features 12-metre clear heights, multiple truck docking bays, and high electrical capacity. Strategically located near Riyadh’s Eastern and Southern Ring Roads, the facility offers easy access to key transport routes, making it an attractive location for logistics operators.
Expansion of GFHP’s Regional Logistics Platform
GFHP’s growing platform now accommodates more than 120 tenants across Saudi Arabia and the UAE. The company’s holdings include facilities in major industrial and logistics hubs such as JAFZA, Dubai South, Dammam, and Riyadh. This acquisition is part of a broader strategy to scale up the firm’s presence in the logistics sector, aligned with the region’s expanding infrastructure and diversification efforts.
Mohamed Ali, Head of GCC at GFH Partners, commented on the deal, noting that the industrial and logistics sector continues to grow due to regional diversification and infrastructure expansion. He added, “Our strategy is to build scale through partnerships and disciplined execution, aligning with institutional investors seeking exposure in this sector.”
GFHP’s Ongoing Expansion
Since the launch of its GCC platform in 2023, GFHP has managed three funds dedicated to logistics and industrial assets across Saudi Arabia and the UAE. The firm intends to pursue further acquisitions and build-to-suit developments, reinforcing its commitment to the region’s logistics and supply chain infrastructure.
For more insights on the growth of regional infrastructure, see how companies like Abu Dhabi’s Relaam are also expanding within the UAE.
As the firm continues to increase its presence in key industrial sectors, it positions itself as a major player in the region’s logistics and industrial real estate market.
