Rasmala delivers robotics-enabled logistics facility in the Netherlands
Built over 15 months, the project delivers a large, robotics-enabled distribution centre, built-to-suit, for a global outdoor fashion brand. This is Rasmala's third investment in the Netherlands, expanding Rasmala's European logistics portfolio with a de-risked, income-generating asset. The project demonstrates Rasmala's capabilities to actively create value in cross-border investments.
'Delivering bespoke structures that help our clients achieve their investment objectives has been a key guiding principle of Rasmala for 25 years. This is a high-quality asset that benefits from a long-term, inflation-protected lease with a reputable tenant, offering a stable return, coupled with capital preservation,' said Ali Taqi, Rasmala's Deputy CEO.
Project Highlights:
The facility comprises a warehouse, an office, and a mezzanine area, with a total of 118 parking spaces. With advanced automation capabilities, the building achieved BREEAM Very Good certification and serves as a strategic EMEA distribution hub for its global tenant. The property is beside another Rasmala-managed warehouse leased to the same tenant.
Rasmala co-developed the site with GARBE Industrial Real Estate Netherlands from project inception, alongside the main contractor, Systabo. The team successfully navigated the complex cross-border structuring, regulatory, and development risks, actively managing the development process to ensure the timely delivery of a tailor-made facility that meets the sophisticated requirements of modern logistics.
The successful completion reinforces Rasmala's unique capability among regional asset managers in originating and developing greenfield real estate investments in some of the most desirable European investment destinations.
About Rasmala: Operating from Dubai with global reach, Rasmala is an independent provider and manager of alternative investment products, serving Gulf-based investors, including pension funds, family offices, corporates, endowments, and financial institutions. Rasmala Investment Bank Limited is a wholly owned subsidiary of Rasmala Investment Holdings Limited. It is based in the Dubai International Financial Centre ('DIFC') and regulated by the Dubai Financial Services Authority ('DFSA').
Media Contact
Tim Hydari
Senior Executive, Branding and Investor Communications
+971 56 406 6180
tim.hydari@rasmala.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
20 minutes ago
- Zawya
Salasa closes $30mln Series B round led by Artal Capital to transform regional e-commerce logistics
Expanding fulfillment centers, darkstores, and bonded zones to meet growing demand across Saudi Arabia and GCC. Salasa is strengthening its cross-border infrastructure and international shipping to unlock new markets for merchants. Riyadh, Saudi Arabia — Salasa, Saudi Arabia's leading e-commerce fulfillment platform, announced today that it has closed a $30 million Series B funding round to accelerate its evolution into a technology-first logistics company and expand its cross-border reach. The round was led by Artal Capital, with participation from SVC, Wa'ed Ventures, 500 Global, Alsulaiman Group, and other strategic investors. This milestone reflects investors' confidence in Salasa's vision to transform e-commerce logistics into a growth engine for retailers. Founded in 2017 and based in Riyadh, Salasa offers turnkey solutions spanning fulfillment, shipping, inventory management, bonded zones, last-mile delivery, and cross-border logistics. The Series B funding will accelerate Salasa's local and global expansion, scale its dark store network, enhance bonded zone capabilities, and advance its AI-driven technology ecosystem to enable smarter, more efficient supply chain operations. "This funding marks a major milestone," said Abdulmajeed Alyemni, Co-founder and CEO of Salasa. "We're scaling across fulfillment, technology, and talent to become a tech-first logistics company. With our investors' backing, we'll plan smarter, deliver faster, and expand globally with forward-thinking logistics.' "We're embedding AI across planning, inventory, and fulfillment to create predictive, self-optimizing logistics," said Hasan Alhazmi, Co-Founder and CBO of Salasa. "This boosts speed, accuracy, and efficiency for merchants, while our cross-border expansion and bonded zone operations open access to new markets regionally and beyond." Wassim Moukahhal, Head of Alternative Investments at Artal Capital, said: 'Salasa is solving one of the biggest pain points in regional e-commerce: reliable, scalable logistics infrastructure. We're excited to partner with a visionary team that is building a future-ready platform, combining physical scale with technological innovation. This investment aligns with our conviction that logistics is a key enabler of Saudi Arabia's digital transformation and a critical layer of the next generation of commerce.' With over 50 million products fulfilled and shipped domestically and internationally since inception, Salasa has become the logistics partner of choice for over a 1,000 merchants, including major brands like Noon, Amazon, Cenomi, Boutiqaat, Laverne, Sharaf DG and Alothaim Retail. Its ecosystem includes key platform integrations with Salla, ZID, Amazon, Trendyol, and Shopify, and carrier partnerships with Aramex, DHL, Saudi Post, and more than 40 other logistics providers. As Saudi Arabia's e-commerce market continues its double-digit growth, exceeded SAR 86 billion by 20241, Salasa is positioned to play a foundational role in powering the Kingdom's digital economy. About Salasa Salasa is Saudi Arabia's leading eCommerce fulfillment company, established in 2017 by Abdulmajeed Alyemni and Hasan Alhazmi. Headquartered in Riyadh, Salasa provides end-to-end logistics solutions including warehousing, last-mile delivery, and cross-border shipping. These services are designed to help modern retail brands scale with speed and reliability. Trusted by over 1,000 merchants and having shipped more than 50 million products, Salasa combines operational excellence with integrated technology to reduce cost, accelerate fulfillment, and safeguard brand reputation. Its infrastructure supports a wide range of industries, empowering local and international businesses to grow across the Kingdom and beyond. Backed by leading investors including Artal Capital, Alsulaiman Group, Saudi Venture Capital Company, and 500 Global, Salasa is building the logistics backbone of digital commerce in alignment with Saudi Arabia's Vision 2030.
Zawya
an hour ago
- Zawya
BlueFive Capital announces Mumtalakat's acquisition of a stake in the global investment platform
Manama, Bahrain: BlueFive Capital announced today that Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, has acquired a stake in the firm, underscoring Mumtalakat's commitment to supporting emerging financial players. Mumtalakat's stake follows BlueFive Capital's successful close of its Founding Shareholders Circle, and it joins the 25 prominent GCC and global investors backing the firm. This latest investment provides BlueFive with long-term institutional backing as it continues to scale internationally. Founded in 2024, BlueFive Capital has rapidly grown to manage more than $2.6 billion in assets. As well as a flagship office in Manama, the firm operates across key global centres including London, Abu Dhabi and Beijing. It is founded by private equity veteran Hazem Ben-Gacem and chaired by Sheikh Mohamed Isa Al Khalifa, the former Chief Executive Officer of Bahrain's national pension fund. BlueFive Chairman Sheikh Mohamed Isa Al Khalifa, said: 'Welcoming Mumtalakat as one of our anchor shareholders is both a milestone and a strong statement of confidence in our vision and capabilities. This partnership provides stability and credibility as we accelerate our global expansion, firmly rooted in Bahrain's dynamic financial landscape." About BlueFive Capital BlueFive Capital is a global investment platform that today has $2.6 billion in AUM and targets opportunities in high-growth economies with the goal of transforming traditional financial models and fostering sustainable growth. Incorporated in Abu Dhabi Global Market and with offices in London, Manama, Abu Dhabi, Dubai and Beijing, the firm provides strategic exposure to sectors that will define the next generation of economic prosperity through consolidating parts of the financial services industry across insurance, private wealth and public markets. BlueFive Capital was founded in late 2024 and is led by Hazem Ben-Gacem, one of the longest tenured professionals in the global private equity landscape. About Mumtalakat Established in 2006 by Royal Decree, Mumtalakat is the sovereign wealth fund of the Kingdom of Bahrain. It manages a globally diversified portfolio of non-oil and gas assets spanning Strategic Investments, Global Asset Management, Local Impact Investments, and Government Holdings. The fund is focused on creating long-term value for Bahrain through collaborative, sustainable investment strategies.
Zawya
an hour ago
- Zawya
Spotify to raise premium subscription price in select markets from September
Spotify said on Monday it would increase monthly price of its premium individual subscription in select markets from September, as the Swedish streaming giant looks to improve margins. The company's shares jumped nearly 8%. They have gained about 40% so far this year. The subscription price will rise to 11.99 euros ($13.86) per month from 10.99 euros in markets including South Asia, the Middle East, Africa, Europe, Latin America and the Asia-Pacific region. Spotify said subscribers will receive an email explaining the price rise over the next month. Price increases in the past, combined with cost-cutting efforts in recent years, have helped it to achieve its first annual profit for 2024. The company saw an increase in monthly active users and premium subscribers during the second quarter, while higher taxes related to employee salaries led it to post a loss during the period and weighed on its third-quarter profit forecast. Spotify has been expanding its library of video content to attract subscribers, including through its partner program, which is designed to help podcast creators by offering them monetization options. A growing number of creators are joining the Spotify Partner Program, resulting in a significant increase in video content on the platform, CEO Daniel Ek had earlier told Reuters. The streaming company is also benefiting from Apple's approval of its U.S. app update to show subscription prices and external payment links, after a judge barred the iPhone maker from charging commission on off-app purchases. Ek said this change has led to "a very positive uptick" in the U.S. If similar rules are adopted in Europe and the UK, it would benefit both Spotify and other app developers. ($1 = 0.8650 euros) (Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi Majumdar)
