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United Arab Emirates Procurement News Notice - 87266


Procurement News Notice

PNN 87266
Work Detail Investments will be made across Germany and Western Europe ADIB Capital Limited, a wholly owned subsidiary of Abu Dhabi Islamic Bank, has launched a Sharia-compliant ADIB European Logistics Fund I. The fund will invest in high-demand logistics assets across Germany and Western Europe, addressing the growing market opportunity created by a structural shortage of sustainable, ESG-compliant logistics assets in these regions. The fund is strategically positioned to capitalise on rising rental rates and the persistent supply-demand imbalance in the European logistics sector. ESG-compliant warehouses and logistics facilities have proven resilient, with demand continuing to outpace supply despite broader economic fluctuations. The fund offers access to resilient, ESG-aligned opportunities in a high-growth market driven by robust economic and structural trends, said Tony Hchaime, Senior Executive Officer at ADIB Capital Limited. The size of the fund was not given.
Country United Arab Emirates , Asia
Industry Transportation
Entry Date 14 Jan 2025
Source https://www.zawya.com/en/projects/construction/adib-capital-launches-sharia-compliant-european-logistics-fund-cphex33t

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