GCC-based GFH Partners has announced it has launched its seventh logistics and industrial fund in the USA. The fund comprises industrial and transportation logistics. With a total transaction value of US$300 million, the fund’s portfolio includes 25 industrial and transportation logistics assets in over seven locations across the USA. “The fund introduces transportation logistics, a sub-sector within USA logistics with potential for growth due to the combination of limited available land and zoning constraints, indicating the likelihood of rental growth upside,” Nael Mustafa, CEO, GFH Partners, said. Industrial assets within the fund include six Class A, newly built mission-critical properties. The assets are well-diversified in terms of location, space usage, and tenant base with long-lease terms and investment grade occupants such as Tesla, Teleflex, Tower Health, and UGI Energy Services. “The fund is another important milestone for GFH Partners and capitalises on our ability to secure off-market transactions that offer our investors unique risk return profiles which builds on our existing platform and capabilities,” Mustafa added.
Comentarios