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Title: Gaw Capital Partners and GFH Partners Form JV to Develop UAE Industrial and Logistics Development Platform
Hong Kong, United Arab Emirates (UAE) – Gaw Capital Partners, a leading multi-asset investment management firm, and GFH Partners, a leading Dubai-based real estate investment firm specializing in thematic property solutions, announce to establish a UAE-focused industrial and logistics platform (the “Platform”) through a joint venture partnership. Gaw Capital will hold a majority stake in the joint-venture company, which will serve as a gateway for the Asian capital to be deployed at-scale into the rapidly expanding UAE real estate market. The joint venture will be targeting high-quality industrial development projects comprising pre-identified seed assets across Dubai, Abu Dhabi and Ras Al Khaimah, the Emirates’ fast-growing industrial zones.The developments will be led by Manrre Developments, a joint venture between GFH and Palmon Group, a seasoned UAE-based industrial conglomerate with over 40 years of institutional experience. This partnership unites proven regional expertise across acquisition, planning and design, development, execution, and operational readiness to deliver exceptional, future-ready warehouses and logistics centres.Harry Ip, Managing Director of Gaw Capital, said, “We are thrilled to enter UAE’s flourishing industrial and logistics market, supported by strong fundamentals, the surge in structural demand driven by government-led initiatives, and heightened global interest in the logistics and industrial asset class. Leveraging the expertise from GFH Partners, this partnership positions us as one of Asia’s leading forerunners in delivering prime industrial facilities in the UAE, providing investors with exposure to a fundamentally undersupplied market.”Nael Mustafa, CEO of GFH Partners, commented, “GFH Partners brings on-the-ground specialists, exper...
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