Garbe Industrial has teamed up with ARTAR, a real estate developer in Saudi Arabia, to develop “next-generation logistics facilities” across the Kingdom.

The joint venture, AG Logistics Partners, will focus on delivering premium-grade warehouses and distribution centres in key economic hubs, including Riyadh, Jeddah and Dammam.

Over the next five years, the partnership aims to develop “several international-standard logistics properties”, the partners said.

pexels-lara-jameson-8828320

Source: Pexels

Sulaiman Al Rashid, CEO of ARTAR, said: “This collaboration marks a pivotal moment in Saudi Arabia’s Vision 2030 transformation.

“By partnering with Garbe’s world-class expertise, we’re not just building warehouses — we’re creating the backbone of a resilient, future-ready supply chain that will drive prosperity for generations to come.”

Christopher Garbe, managing partner of Garbe Industrial, added: “Our ambition is to attain quality leadership in regard to modern high-end logistics real estate in Saudi Arabia within the framework of this joint venture.

“Working closely with ARTAR, we will merge local know-how with international experience in order to build up a highly productive logistics infrastructure that will attract international companies to Saudi Arabia.”

Garbe opened a new office in the Dubai International Financial Centre a few weeks ago, marking an important step in the company’s international growth strategy, as it continues to strengthen its presence in the Middle East, the developer added.

To read the latest IPE Real Assets magazine click here