Blackstone and Abu Dhabi's Lunate team up for GCC logistics play

The partnership, known as GLIDE, is targeting $5bn of high-quality warehouses across the Middle East; it's expected that more partners in the GCC will participate; FA understands an office is being set-up in Abu Dhabi.

Blackstone, and Lunate, an Abu Dhabi-based global investment management firm with over $110 billion in assets under management, are partnering to invest in logistics assets across the Gulf Cooperation Council (GCC) region.

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