Gaw Capital Partners has teamed up with Dubai-based real estate investment firm GFH Partners to establish an industrial and logistics platform focused on the United Arab Emirates.

The joint-venture company, in which Hong Kong-based Gaw Capital will hold a majority stake, will serve as a gateway for Asian capital to be deployed at scale into the rapidly expanding UAE real estate market. It will be targeting high-quality industrial development projects, including seed assets across Dubai, Abu Dhabi and Ras Al Khaimah, the emirates' fast-growing industrial zones.

The projects will be led by Manrre Developments, a joint venture between GFH and Palmon Group, a UAE-based industrial conglomerate with over 40 years of institutional experience. The partnership unites proven regional expertise across acquisition, planning and design, development, execution, and operational readiness to deliver future-ready warehouses and logistics centres.

The platform is being launched at a time of strong macroeconomic momentum, supported by the UAE's long-term development strategies, including the Dubai Industrial Strategy 2030 and the Dubai 2040 Urban Master Plan. Majority of these initiatives are aimed at accelerating industrial diversification, attracting foreign direct investment, and expanding logistics infrastructure. 

The Dubai government offers a list of pro-business regulatory and fiscal policies, including tax and customs duty exemptions, simplified regulations across more than 40 free trade zones, and relaxed foreign ownership rules, to accelerate logistics demand and investment. Furthermore, the UAE is experiencing rapid population growth, projected to reach 12.2 million by 2030, driven by long-term residency incentives, a competitive tax regime, and prestigious school campuses for expatriate children.

Demand for logistics and industrial assets remains robust, supported by a persistent supply-demand imbalance. Dubai's warehouse and logistics occupancy currently exceeds 97%, with rental rates increasing 33% year on year. 

The formation of the platform will mark Gaw Capital's first geographic footprint in the UAE logistics sector, highlighting its global network and cross-border expertise.

Gaw Capital has established a robust logistics footprint across China, Japan, South Korea, Vietnam, and Australia, with investments in 39 projects totalling 3.8 million square metres in gross floor area. As of Q3 2025, Gaw Capital has a global logistics portfolio exceeding US$3.4 billion in assets under management.