In December 2019, Arcapita acquired a portfolio of high-quality warehousing facilities located primarily in Dubai Investments Park, Dubai, UAE. The acquired assets are located in Dubai Investments Park (DIP), the largest integrated mixed-use industrial, commercial and residential zone in the Middle East; and in Dubai South, a purpose-built logistics city that houses major transportation and logistics developments, including Al Maktoum International Airport and the Dubai Expo 2020 site. Both zones are located in close proximity to vital infrastructure points, including Jebel Ali Port, the Middle East’s largest and busiest port.
Sector: | Real Estate, Industrial & Logistics |
Region: | Middle East |
Investment Date: | 2019 |