What We Do

Industrial Real Estate

Developing and acquiring Grade A logistics and warehousing assets let to creditworthy occupiers.

Demand for institutional-quality logistics space in Saudi Arabia has outrun supply. Occupancy across the principal corridors sits above 97%, occupiers increasingly require ready, high-specification facilities, and national programmes such as the National Industrial Development and Logistics Programme and the Special Economic Zones are drawing further activity into the sector. Ownership, meanwhile, remains fragmented and much of it is capital-constrained. That combination is the opportunity: build and aggregate quality space, let it to strong covenants, and hold it for long-dated contractual income.

Development

Purpose-built facilities delivered to specification, secured against occupier demand before construction risk is taken.

  • Build-to-SuitFacilities developed to the requirements of a named, creditworthy tenant under a pre-agreed long-term lease.
  • Fulfilment CentresCustom distribution and e-commerce facilities designed around throughput, automation, and last-mile reach.
  • Data CentresDigital infrastructure serving the Kingdom’s accelerating demand for domestic compute and data residency.

Acquisition

Selective purchase of existing assets and land where we can add value through repositioning, releasing, or development.

  • Grade A WarehousingPre-built, high-specification facilities acquired for income and for consolidation into a coherent portfolio.
  • Sale and LeasebackReleasing capital for established occupiers from owner-occupied property, while securing long-term income for the portfolio.
  • Land ParcelsStrategically located sites acquired for near-term development within established logistics corridors.

Industrial Private Equity

Meaningful positions in established Saudi industrial companies, with active ownership to accelerate growth.

Saudi Arabia is targeting a substantial expansion of manufacturing output and non-oil exports by 2030, supported by localisation mandates, new incentive programmes, and regulatory reform. Established industrial companies are well positioned to capture that demand but frequently lack the capital, governance, and operating discipline to scale into it. We provide all three.

How We Invest

Proven Models

We back established technologies and business models with demonstrable demand. We do not underwrite technology risk.

Expansion Before Greenfield

We prioritise capacity expansion within operating businesses, where demand is already evidenced, and consider new-build projects selectively.

Influence Over Outcomes

We invest at a scale that gives us a genuine say in strategy, capital allocation, and management — not a passive minority holding.

Disciplined Concentration

Formal limits govern exposure to any single investment, protecting portfolio construction from conviction bias.

Target Sectors

Four sectors where Vision 2030 demand, local capability, and our own expertise intersect.

Energy

  • Upstream Services & Equipment
  • Downstream Services & Equipment
  • Renewables
  • Power Generation

Manufacturing

  • Building Materials
  • Electrification & Automation
  • Machinery & Equipment
  • Technology & Electronics

Mining & Minerals

  • Mining Services & Equipment
  • Metals Refining & Processing

Health

  • Pharmaceuticals
  • Medical Devices

What We Bring to Portfolio Companies

  • Growth strategy and expansion planning
  • Corporate finance and capital structure expertise
  • Governance and board discipline
  • Localisation support and soft landing for international partners
  • Access to industrial customers, suppliers, and co-investors
  • Operational expertise from within the sector

Building the Kingdom’s Premier Private Industrial Platform

We welcome conversations with business owners, developers, landowners, and institutional investors.

Get in Touch