SAUDI ARABIA: GFH Partners, a Dubai-based institutional fund manager has acquired a logistics property in Riyadh for approximately SAR200 million (US$53.34 million) through one of its advised real estate funds. The 40,000 square meter facility is fully leased and located within Riyadh’s industrial zone, offering access to key transport routes. The acquisition marks GFH Partners’ fourth asset in Saudi Arabia and its 34th property within a regional logistics platform spanning Saudi Arabia and the UAE.
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