ASMO, a joint venture between Aramco and DHL, has commenced construction of its first purpose built logistics hub at King Salman Energy Park (SPARK), marking a significant milestone in the development of long term logistics infrastructure supporting Saudi Arabia’s energy and industrial sectors.
ASMO, a joint venture between Saudi Aramco and DHL Supply Chain, has partnered with Arcapita, a global alternative investment firm, to develop a 1.4 million sq m purpose-built logistics facility at King Salman Energy Park (Spark) in Saudi Arabia that will house a 43,000-sq-m Grade-A warehouse as well as offices and staff facilities.
Arcapita Group Holdings Limited (Arcapita), a global alternative investment firm, today announced the exit of ARC US Industrial Portfolio VI, a Class A industrial distribution facility located in Dallas-Fort Worth (DFW), Texas, and fully leased to Federal Express Corporation (FedEx), under a long-term triple net lease.
