Bahraini GFH’s UK unit signs $410m JV to acquire logistics assets in Spain

RIYADH: Bahraini GFH Financial Group’s UK unit, Roebuck Asset Management, has set up a joint venture to acquire logistics assets in Spain for €400 million ($410 million).

The 18-month deal was signed with ICG Real Estate for urban logistics, targeting income-generating assets that seek to build funding opportunities, according to a statement.