Skip to content

GFH Financial, Wafra Buy Portfolio of Logistics Assets in U.S.

GFH Financial Group teamed up with Kuwait’s Wafra International Investment Co. to acquire a portfolio of logistics assets in the U.S. 

Seven of the facilities are leased to FedEx Corp. and the other to General Mills Inc., GFH said in a statement, without providing a value for the transaction. They are part of a built-to-suit process with leases to commence on completion of the facilities in 2022.