Pankaj Gupta

#Gulf #Islamic #Investments acquires two logistics facilities

The Gulf Islamic Investments, a Islamic financial services company based in the UAE, has revealed the acquisition of nearly one million square feet of logistics facilities on behalf of its investors, at the price of 144 million US-Dollar. The two state of the art logistics centres, are located in Dortmund Germany, and serves as key logistics centre of Amazon supplying goods to 29 other facilities. These newly built facilities are leased out to Amazon on a long-term lease that cannot be cancelled with regular rental uplifts linked to Germany CPI.

Gulf Islamic Investments expands #investments into lucrative transportation and logistic

Gulf Islamic Investments (GII) successfully completed a Shari’ah compliant growth capital financing round for transportation company Bion Group. The UAE-based Group provides both heavy haul transportation services and the manufacturing of heavy transport equipment. Pankaj Gupta, Co-Founder and Co-CEO of Gulf Islamic Investments, said this partnership was an excellent opportunity for Bion Group to take advantage of the uptrends in the ever-increasing construction sector. Noas Al Rawi, CEO of Bion Group, said that with GII's assistance Bion will improve its services portfolio and increase production capacity. He added that Bion will target the refrigerated transportation sector and further consolidate its position in the country’s construction sector.

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