Insight

Arcapita rakes in $500m for third Saudi logistics fund

KSA Logistics Fund III's investors includes a sovereign wealth fund from the GCC region and other major institutional investors.

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  • Arcapita has already deployed a substantial amount of the fund in industrial real estate assets across the manufacturing and warehousing sectors
  • Arcapita Group has managed more $6.5 billion in industrial and logistics real estate transactions globally
  • Arcapita has offices in Bahrain, the U.S., UK, Saudi Arabia and Singapore

Arcapita Capital has closed its third Saudi logistics fund at $500 million.

KSA Logistics Fund III’s investors include sovereign wealth fund from the GCC region and other major institutional investors.

Arcapita has already deployed a substantial amount of the fund in industrial real estate assets across the manufacturing and warehousing sectors.

On the fundraising, Yousif Al Abdulla, managing director and head of MENA investment at Arcapita Group, said in a statement, “We expect Saudi Arabia’s industrial real estate market to experience substantial growth over the long term, driven by the significant and continued growth of e-commerce across the Kingdom and by strong government-led investment in infrastructure and the industrial sector.”

Arcapita Group has managed more $6.5 billion in industrial and logistics real estate transactions globally.

Arcapita has offices in Bahrain, the U.S., UK, Saudi Arabia and Singapore.