Al-Tijaria announces investment in GFH GCC Logistics Fund II
Investment part of Al-Tijaria's strategic role as an equity investor in GCC real estate sector
KUWAIT: The Commercial Real Estate Company (Al-Tijaria) KPSC announced that, in collaboration with its subsidiaries and its affiliate company Kuwait Resorts Company, it has invested a total of $15 million (equivalent to approximately KD 4.5 million) in the 'GFH GCC Logistics Fund II.' This investment comes as part of Al-Tijaria's strategic role as an equity investor in the growing logistics real estate sector across the GCC. The fund, managed by GFH Capital, aims to acquire, develop, and operate logistics assets across the Kingdom of Saudi Arabia and other GCC countries, in support of the region's rapidly expanding logistics infrastructure and modern supply chain networks.
In a move that reflects the strength of the strategic relationship between the two entities, Al-Tijaria has also been appointed as a Co-Technical Advisor to the Fund. This role leverages Al-Tijaria's extensive experience in real estate development across both local and regional markets. On this occasion, Eng Abdulmutaleb Marafie, Chief Executive Officer of Al-Tijaria, stated: 'This kind of investment marks a pivotal step in our expansion strategy across the Gulf region, particularly in the Saudi market, which we view as one of the most promising in terms of economic growth, stability, and attractive investment opportunities. We continue to explore selective investment opportunities that can enhance the Al-Tijaria's financial performance and deliver sustainable returns to our shareholders.'
Marafie emphasized that this investment aligns with its broader strategic focus on high value-added sectors, particularly logistics real estate, which is witnessing accelerated growth in the region — especially in light of Saudi Arabia's ambitious development plans. The company continues to strengthen its regional footprint through strategic partnerships with leading financial institutions, supporting its diversification objectives and long-term growth plans.
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