The new Noatum Logistics facility will leverage strong customer demand and Lisbon’s multimodal connectivity
warehouse
Latest in warehouse
Arcapita
King Abdullah Economic City, Arcapita partner to develop ESG-compliant warehousing in Saudi Arabia
The partnership will provide KAEC access to Arcapita’s global network of blue-chip tenants, attracting high-quality investors
Abu Dhabi
Dubai warehouse shortage moving businesses to Abu Dhabi
A shortage of warehouse supply in Dubai is forcing some businesses to move to Abu Dhabi or look to different property class
digital inventory
Hyperlocal e-commerce platform Omniful raises $5.85mm seed funding for MEA, India expansion
Omniful is co-headquartered in Saudi Arabia and the UAE, with a research and development hub in India
Downtown Dubai Fire
Dubai fire: Warehouse blaze covers city in thick smoke
The fire is underway in Umm Ramool, Dubai, eyewitnesses said
Abu Dhabi
Demand for warehouses rises in the UAE as Covid drives “permanent shift” in consumer shopping habits
Change in ownership laws announced as part of a raft of economic stimulus measures, which include a range of new visas, are a significant contributor to increased business confidence, activity, and demand in warehouses and industrial real estate
Customer Fulfillment Centre
Noon.com marks Saudi expansion with its largest warehouse space in Riyadh
With the opening of its new 45,000m2 Customer Fulfillment Centre, Noon’s logistics and fulfillment network in the Kingdom has grown to more than 270,000m2, including Customer Fulfillment Centres, last-mile hubs, and gateway hubs
acquisitions
GFH Financial, Wafra buy portfolio of logistics assets in US
Seven of the facilities are leased to FedEx Corp. and the other to General Mills Inc.
CBRE Middle East
UAE’s logistics and warehouse space to grow in 2019, says CBRE
Current low supply will likely grow in line with rising online shopping and same-day delivery, according to Nicholas Maclean