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.

UAE Industrial Development Partnership

The developments will be led by Manrre Developments, a joint venture between GFH and Palmon Group, a UAE-based industrial conglomerate with over 40 years of experience. This partnership combines regional expertise in acquisition, planning, design, development, execution, and operational readiness. Together, they aim to deliver exceptional, future-ready warehouses and logistics centers.

Harry Ip, Managing Director of Gaw Capital, said, “We are excited to enter UAE’s growing industrial and logistics market. Strong fundamentals, government-led initiatives, and heightened global interest make this the right time. Leveraging GFH Partners’ expertise positions us as one of Asia’s leading providers of prime industrial facilities in the UAE, offering investors exposure to an undersupplied market.”

UAE Logistics Growth Outlook

Nael Mustafa, CEO of GFH Partners, added, “GFH Partners brings local specialists, experienced operators, and a proven track record managing logistics and industrial assets across the GCC. This joint venture allows us to scale regional expertise further. By combining local insight with Gaw Capital’s global capability, we can unlock new opportunities in the UAE’s growing logistics sector.”

The platform launches amid strong macroeconomic momentum. Key drivers include the Dubai Industrial Strategy 2030 and the Dubai 2040 Urban Master Plan. These initiatives aim to accelerate industrial diversification, attract foreign direct investment, and expand logistics infrastructure.

The UAE government also offers pro-business policies, such as tax exemptions, customs duty exemptions, simplified regulations in 40+ free zones, and relaxed foreign ownership rules. Additionally, the UAE’s population is projected to reach 12.2 million by 2030, supported by residency incentives, a competitive tax regime, and quality schools for expatriate families.

Gaw Capital UAE Logistics

Demand for logistics and industrial assets remains high, fueled by a persistent supply–demand imbalance. Dubai’s warehouse and logistics occupancy exceeds 97%, with rental rates rising 33% year-on-year. The platform marks Gaw Capital’s first logistics footprint in the UAE, showcasing its global network and cross-border expertise.

Gaw Capital already has a strong presence in China, Japan, South Korea, Vietnam, and Australia, investing in 39 projects totaling approximately 3.8 million sqm of GFA. As of Q3 2025, it manages over US$3.4 billion in global logistics assets.

Since 2014, the firm has acquired, developed, and managed over 3 million sqm of modern logistics facilities in China. Supported by a team of 100 professionals across four investment vehicles, Gaw Capital has expanded into APAC markets through strategic partnerships, acquiring high-quality assets in major metropolitan hubs.

Gaw Capital Global Logistics

Recent investments include seven logistics assets in Greater Tokyo (nearly 250,000 sqm GFA), one in Seoul (over 75,000 sqm GFA), two in Vietnam (over 210,000 sqm GFA), and six urban warehouses in Sydney (over 45,000 sqm GFA). The firm’s teams and partners provide value-added services across the logistics chain, including development, construction, leasing, and property management.

About Gaw Capital Partners

Based in Asia, Gaw Capital Partners is a multi-asset investment firm focused on real estate, growth equity, private credit, and infrastructure globally.

Since 2005, the firm has raised seven commingled funds targeting the Asia Pacific, along with value-add and opportunistic funds in the U.S., Pan-Asia and European Hospitality Funds, a Growth Equity Fund, and a Credit Fund. It also manages credit strategies and separate account investments worldwide.

 Gaw Capital has consistently generated high yields by revitalizing underperforming assets, enhancing value through creative financing solutions and leveraging deep expertise in capital allocation.  Since 2005, the firm has managed US$35.8 billion in assets and raised US$24.4 billion in equity as of Q2 2025.

About GFH Partners Ltd.

GFH Partners Ltd. is the DIFC-based global asset management subsidiary of GFH Financial Group B.S.C. (“GFH”). Headquartered in the Dubai International Financial Centre, it is regulated by the Dubai Financial Services Authority.

The firm is dedicated to real estate investment and asset management across diverse markets. With assets under management exceeding US$7 billion, GFH Partners holds investments in the US, UK, and GCC.

Furthermore, GFH Partners focuses on strategic partnerships and innovative real estate solutions. As a result, it has reinforced its role as a leading player in global asset management.

Contacts:

• Gaw Capital Partners
• Camille Lam
• Director, Corporate Communications & Investor Relations
• Tel: +852 2583 7717/+852 9876 9286
• Email: camillelam@gawcapital.com
• www.gawcapital.com

GFH Partners Ltd.

• Deena Al Tattan
• Manager, Corporate Communications & Investor Relations
• Email: info@gfhpartners.com
• https://www.gfhpartners.com/

Company Details

Organization: GFH Financial Group

Contact Person: Nawal Al Naji

Website: https://gfh.com/

Email: Send Email

Contact Number: +97317538538

Country: Bahrain

Release Id: 06012639850