GARBE Industrial and ARTAR Launch Strategic Logistics Real Estate Venture in Saudi Arabia
European and Saudi developers align to accelerate advanced logistics infrastructure across the Kingdom
GARBE Industrial and ARTAR have formalized a strategic joint venture to develop and manage state-of-the-art logistics real estate in Saudi Arabia, marking a significant step in bolstering the Kingdom’s rapidly expanding industrial and supply chain infrastructure.
The memorandum of understanding signed by the partners establishes a framework for collaboration on logistics and light industrial property developments tailored to support the growth of e-commerce, manufacturing, and supply chain efficiency in the region, where demand for modern logistics facilities is rising.
GARBE Industrial, a leading European developer and manager of logistics and light industrial real estate with extensive experience across Germany and wider Europe, brings deep operational expertise and a track record of large-scale projects.
ARTAR, a prominent Saudi real estate developer with strong local market insight and connections, provides on-the-ground capability and alignment with Saudi Arabia’s Vision 2030 objectives to diversify the economy and enhance logistics performance.
The joint venture is expected to focus on sustainable, high-quality logistics hubs designed to meet the needs of multinational and regional tenants and support the Kingdom’s goal of becoming a global logistics hub.
Observers note that Saudi Arabia’s logistics market is benefiting from robust government investment and reforms aimed at expanding infrastructure and facilitating foreign partnerships, creating favourable conditions for such cross-border real estate initiatives.
The partnership underscores growing international investor confidence in the Kingdom’s long-term economic trajectory and its strategic role in global supply chains.
GARBE and ARTAR plan to identify prime sites and commence development phases in accordance with market demand, enhancing connectivity and fulfilment capacity across key Saudi regions.
This venture aligns with broader trends of foreign capital entering the Middle East’s burgeoning logistics sector as global trade and logistics needs evolve rapidly.
The memorandum of understanding signed by the partners establishes a framework for collaboration on logistics and light industrial property developments tailored to support the growth of e-commerce, manufacturing, and supply chain efficiency in the region, where demand for modern logistics facilities is rising.
GARBE Industrial, a leading European developer and manager of logistics and light industrial real estate with extensive experience across Germany and wider Europe, brings deep operational expertise and a track record of large-scale projects.
ARTAR, a prominent Saudi real estate developer with strong local market insight and connections, provides on-the-ground capability and alignment with Saudi Arabia’s Vision 2030 objectives to diversify the economy and enhance logistics performance.
The joint venture is expected to focus on sustainable, high-quality logistics hubs designed to meet the needs of multinational and regional tenants and support the Kingdom’s goal of becoming a global logistics hub.
Observers note that Saudi Arabia’s logistics market is benefiting from robust government investment and reforms aimed at expanding infrastructure and facilitating foreign partnerships, creating favourable conditions for such cross-border real estate initiatives.
The partnership underscores growing international investor confidence in the Kingdom’s long-term economic trajectory and its strategic role in global supply chains.
GARBE and ARTAR plan to identify prime sites and commence development phases in accordance with market demand, enhancing connectivity and fulfilment capacity across key Saudi regions.
This venture aligns with broader trends of foreign capital entering the Middle East’s burgeoning logistics sector as global trade and logistics needs evolve rapidly.
