GFH Partners has made a strategic investment in Manrre REIT to accelerate growth by expanding the investor base and driving new acquisitions and projects, particularly in logistics hubs like the UAE and Saudi Arabia, where demand is rapidly increasing. With a portfolio valued at AED500 million (US$ 136.13 million), Manrre owns 26 high-quality logistics properties, solidifying its position in the region’s logistics real estate market. Nael Mustafa, CEO of GFH Partners, said, “Our investment in Manrre is an extension of GFH Partners’ strategy, cantered on collaboration with leading specialist asset managers operating in attractive segments of the global real estate market. Already a major investor in logistics and industrial assets in the US, UK, and GCC region, we are well-positioned to leverage our deep experience to help accelerate Manrre’s growth and further build upon its unique market position. With a new structure and strengthened foundations, we look forward to capturing opportunities from strong macroeconomic drivers contributing to the growth of the logistics and industrial sectors across key markets in the GCC.”
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