Arcapita Group Holdings, the global alternative investment firm, has signed a partnership deal with Hines, one of the world’s largest real assets investment managers, to jointly explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf region.
The platform would seek to combine Hines’ global real estate investment, development and operating standards with Arcapita’s regional investment, structuring and asset management expertise, supported by Lintara, Arcapita’s local operating platform.
Through the partnership, the two companies would focus on jointly originating, structuring and executing investments across both development opportunities and stabilized income-producing assets.
On the strategic tieup, Arcapita’s Chief Investment Officer Martin Tan said: "This strategic partnership marks an important step in our approach to the GCC industrial and logistics opportunity. Market fundamentals across the region have reached a depth and maturity that support the case for a dedicated, institutional-scale platform rather than a transaction-led strategy."
"As GCC countries continue to focus on supply chain resilience and national self-sufficiency, we see a compelling opportunity to help deliver modern logistics infrastructure at scale," stated Tan.
"By bringing together Arcapita’s long standing regional track record, sourcing and asset management capabilities with Hines’ globally recognised development expertise, the platform would be well positioned to pursue high-quality opportunities across the sector," he added.
Steve Luthman, Global Head of Real Estate at Hines, said: "The GCC represents one of the most compelling logistics growth markets globally, supported by demographic expansion, supply chain realignment and government-led industrial strategies."
"We welcome the opportunity to partner with Arcapita to explore the development of a structured, platform-led entry into a rapidly growing market, backed by deep local relationships and execution capability," he added.-TradeArabia News Service
