Martin Tan, Arcapita chief investment officer, left, and Steve Luthman, global head of real estate at Hines. Photo: Supplied
Martin Tan, Arcapita chief investment officer, left, and Steve Luthman, global head of real estate at Hines. Photo: Supplied
Martin Tan, Arcapita chief investment officer, left, and Steve Luthman, global head of real estate at Hines. Photo: Supplied
Martin Tan, Arcapita chief investment officer, left, and Steve Luthman, global head of real estate at Hines. Photo: Supplied

Arcapita and Hines agree to explore joint investments in GCC industrial and logistics real estate

Arcapita Group Holdings Limited, the global alternative investment firm, and Hines, one of the world’s largest real assets investment managers, are to partner to explore the creation of an institutional-grade platform focused on industrial and logistics real estate assets across the Gulf Co-operation Council.

The platform would seek to combine Hines’ global real estate investment, development and operating standards with Arcapita’s regional investment, structuring and asset management expertise, supported by Lintara, Arcapita’s local operating platform.

Through the partnership, the two companies are to focus on jointly originating, structuring and executing investments across development opportunities and stabilised income-producing assets.

Martin Tan, Arcapita’s chief investment officer, said: “This strategic partnership marks an important step in our approach to the GCC industrial and logistics opportunity.

"Market fundamentals across the region have reached a depth and maturity that support the case for a dedicated, institutional-scale platform rather than a transaction-led strategy. As GCC countries continue to focus on supply chain resilience and national self-sufficiency, we see a compelling opportunity to help deliver modern logistics infrastructure at scale.

"By bringing together Arcapita’s long-standing regional track record, sourcing and asset management capabilities with Hines’ globally recognised development expertise, the platform would be well positioned to pursue high-quality opportunities across the sector.”

Steve Luthman, global head of real estate at Hines, said: “The GCC represents one of the most compelling logistics growth markets globally, supported by demographic expansion, supply chain realignment and government-led industrial strategies.

"We welcome the opportunity to partner with Arcapita to explore the development of a structured, platform-led entry into a rapidly growing market, backed by deep local relationships and execution capability.”

Updated: June 24, 2026, 7:30 AM