Prologis Inc. recently announced it is opening its new office in Dubai, that will enable private capital investors in the Middle East to unlock opportunities across areas such as logistics real estate, energy and data centres.
Located in Dubai International Financial Centre, the office reflects the company’s commitment to the region.
Prologis has appointed Umair Naqvi as head of Middle East. A seasoned real estate and finance executive, Naqvi brings more than 25 years of experience structuring joint ventures and capital platforms.
Naqvi and his team will focus on the company’s institutional capital and global investment management business to deepen ties with sovereign wealth funds, family offices and long-term capital partners across the Gulf.
Global connectivity
“Its deep capital base and global connectivity make it an ideal place for long-term investment, and we’re here to be a long-term partner,” emphasized Hamid R. Moghadam, Co-founder, Chairman and CEO, Prologis.
Backed by a global portfolio of 1.3bn sqft in 20 countries, Prologis will pursue co-investments aligned with the region’s evolving priorities and demand for high-quality, future-focused development.
The Dubai office follows Prologis’ recent expansion into India and underscores its commitment to long-term value creation through scale, local expertise and integrated capabilities across logistics real estate, data centres, energy and sustainability, a press statement concluded.
