GFH Partners Ltd., a Dubai-based investment manager and global real assets investment arm of GFH Bank, has sold a portfolio of 10 industrial outdoor storage (IOS) assets in the United States for $113 million, marking its fifth exit in the logistics sector in the past six years. GFH Partners acts as investment manager of the vehicle that owned the portfolio.
The portfolio was built around a clear thesis: Industrial outdoor storage serves fleet parking, equipment storage and logistics staging, where structural demand meets limited supply in infill and transportation-corridor locations constrained by zoning and scarce developable land.
GFH Partners assembled 10 properties across the central United States, including eight in the Chicago submarket; one in Lenexa, Kan.; and one in Wilmer, Texas, selected for their locations, tenant demand and potential for income growth.
Active asset management strengthened the portfolio’s income profile. Across the nine Chicago and
