GCC logistics investment has received a significant boost with Blackstone and Abu Dhabi-based Lunate unveiling a strategic partnership focused on advancing logistics infrastructure across the Gulf Cooperation Council (GCC)
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GCC logistics investment has received a significant boost with Blackstone and Abu Dhabi-based Lunate unveiling a strategic partnership focused on advancing logistics infrastructure across the Gulf Cooperation Council (GCC)
GCC logistics investment has received a significant boost with Blackstone and Abu Dhabi-based Lunate unveiling a strategic partnership focused on advancing logistics infrastructure across the Gulf Cooperation Council (GCC). The joint venture, known as Gulf Logistics Infrastructure Development Enterprise (GLIDE), targets a $5 billion portfolio centered on acquiring, developing, and managing Grade A warehouse and logistics assets throughout the region.
GLIDE’s investment approach includes greenfield developments, portfolio acquisitions, and sale-and-leaseback deals, designed to attract further GCC partners while deploying dedicated regional teams for market-focused execution.
Blackstone leverages its extensive experience managing over 1.2 billion square feet of global logistics assets, contributing its operational expertise and capital resources. Complementing this, Lunate brings local market insight, sourcing capabilities, and regional execution strength, backed by its substantial $110 billion asset management portfolio.
This collaboration represents a major step in strengthening logistics infrastructure within the GCC and supporting the region’s growing demand for world-class warehousing and supply chain facilities.
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