Blackstone and Lunate have announced a strategic partnership to invest in logistics infrastructure across the Gulf Cooperation Council (GCC) region. The collaboration will establish a new platform called Gulf Logistics Infrastructure Development Enterprise, or GLIDE, which will focus on developing, acquiring, and managing Grade A logistics assets throughout the region. GLIDE is targeting $5 billion in high-quality warehouse investments and will be supported by dedicated teams operating across the GCC.
Blackstone, the world’s largest alternative asset manager and the largest private owner of logistics assets globally, brings deep expertise in logistics real estate, with over 1.2 billion square feet under management. Lunate, based in Abu Dhabi, contributes extensive regional investment capabilities and a strong network across the GCC. Together, the firms aim to address a growing demand for modern logistics facilities driven by economic expansion, rising e-commerce activity, and increased manufacturing output.
Currently, the GCC faces a shortage of Grade A logistics infrastructure—facilities that meet international standards for efficiency, design, and operational performance. GLIDE will focus primarily on greenfield developments to fill this gap, while also pursuing selective acquisitions and sale-and-leaseback deals with leading regional businesses. The platform is expected to attract additional strategic partners from within the GCC to support its growth and regional integration.
This partnership reflects a broader trend of economic transformation in the GCC, where pro-growth policies and diversification efforts are creating new opportunities across various sectors, including logistics. By combining Blackstone’s global scale with Lunate’s regional insight, GLIDE is positioned to become a key player in shaping the future of logistics infrastructure in the Middle East.
KEY QUOTES:
“The profound economic transformation underway in the GCC, driven by pro-growth policies, favorable demographic shifts and broad-based economic diversification, is creating powerful momentum for sectors like logistics. We are thrilled to partner with Lunate to combine our investment expertise and deep logistics experience with their strong GCC presence and capabilities to build GLIDE, a pan-regional logistics platform at scale.”
Jon Gray, President and Chief Operating Officer at Blackstone
“We are proud to join forces with Blackstone—the world’s largest private logistics assets owner—to launch GLIDE, a unique platform designed to capitalize on opportunities in the GCC logistics market. GLIDE will offer our clients and investors access to compelling investments in high-quality logistics assets and support the development of new infrastructure to drive growth across the GCC. This partnership combines global scale with regional expertise to unlock a market ready for transformation.”
Khalifa Al Suwaidi, Managing Partner at Lunate
