ESR has announced plans to expand into the Middle East, with a strategy to establish a long-term logistics real estate and data center platform across the Gulf Cooperation Council (GCC).
Initially focused on Saudi Arabia and the United Arab Emirates (UAE), ESR has identified a pipeline of more than 3 million square meters (32.3 million square feet) across logistics and digital infrastructure assets, with a potential end value exceeding $10 billion.
Economic growth, expanding trade corridors, evolving supply chains and rising institutional investment are driving demand for modern logistics and digital infrastructure across the GCC. At the same time, modern institutional-grade logistics facilities remain in short supply, accounting for less than 20 percent of total stock in the UAE and less than 10 percent in Saudi Arabia, contributing to near-full occupancy of class A facilities in these markets.
ESR’s strategy combines local market knowledge, relationships and