Arcapita to Put $1.5B More Into GCC Industrial and Logistics Property
The Bahrain-based investor will develop and buy build-to-suit assets across the Gulf over two years, with its Lintara platform originating and managing the portfolio.
Arcapita, the Bahrain-based alternative investment firm, plans to put another $1.5 billion into industrial and logistics property across the Gulf Cooperation Council over the next 24 months, on top of a regional portfolio already valued at more than $2 billion.
The plan was announced at Gateway Gulf 2026, an investment forum held in Manama on November 1 and 2. The money will go mainly toward acquiring and developing assets in key GCC markets, with a preference for build-to-suit facilities constructed to a tenant's own specifications.
Hisham Al Raee, Arcapita's chief executive, tied the decision to the reshaping of Gulf economies. Diversification efforts, together with spending on industry, infrastructure and supply chains, have opened a wide field of opportunity, he said. The $1.5 billion commitment reflects the firm's conviction and extends momentum already built in its regional real estate business.
Lintara handles origination and management
Work on the new assets falls to Lintara Properties, the industrial and logistics development and asset management platform Arcapita launched in October 2025. Lintara will originate, develop and manage the properties. It already oversees more than $2 billion in assets — about 6.6 million square feet across 32 properties in the UAE, Saudi Arabia and Bahrain.
Isa Al Khalifa, Arcapita's managing director and head of Middle East and North Africa real estate and chief executive of Lintara, said demand is climbing as countries work to harden supply chains and push toward regional self-sufficiency. Institutional-quality stock has not kept pace, he added, leaving room for purpose-built schemes in several GCC markets.
Pipeline already under construction
Construction began this year on ASMO, a 1.4 million-square-metre logistics hub at King Salman Energy Park in Saudi Arabia. In Dubai, Arcapita completed a 30,000-square-metre facility built for DSV, the Danish logistics group, in Jebel Ali Free Zone. On June 30, Lintara and DP World broke ground on a 20,000-square-metre build-to-suit centre in the same zone, which DP World will operate once work finishes in the first quarter of 2027.
On June 24, Arcapita and Hines, a global real assets investment manager, agreed to explore creating an institutional-grade GCC industrial and logistics platform supported by Lintara.
The appeal of the model is that returns rest on signed leases rather than speculative rents. A facility built for a single occupier arrives with a committed tenant at handover, which matters where new supply lands in large blocks and take-up can lag. It also puts Arcapita in the market for the same institutional capital the Hines talks point toward.
