ROSHN Group and Agility Logistics Parks Signed Heads of Terms to Joint Venture for Logistics Development and Operations

ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, and Agility Logistics Parks (ALP), a global leader in industrial real estate, today announced the signing of heads of terms to structure a joint venture to develop a large-scale Grade A logistics park.

The agreement was signed on the sidelines of the PIF Private Sector Forum in Riyadh by Sabah Barakat, Acting Group CEO of ROSHN Group, and Tarek Sultan, Chairman of Agility.

The proposed joint venture is envisioned to develop the project on approximately 1-1.5 million square meters of land in a strategic location offering access to one of the Kingdom’s most important gateways and national logistics corridors.

Sabah Barakat, AGCEO of ROSHN Group, said:

“The collaboration with Agility underscores ROSHN Group’s role as a partner of choice for foreign direct investment and its growing impact across Saudi Arabia’s real estate and infrastructure landscape. Through the development of strategic, integrated assets that connect public and private sector capabilities, ROSHN Group continues to support economic diversification and long-term value creation.”

Tarek Sultan, Chairman of Agility, said:

“This future partnership with ROSHN Group underscores Agility’s long-term commitment to Saudi Arabia and our strategy to scale world-class logistics infrastructure that connects local and international businesses to global markets from the Kingdom. Located at the crossroads of major intercontinental trade routes, the contemplated joint venture reflects our confidence in the long-term fundamentals of Saudi Arabia’s logistics sector. The development will strengthen the Kingdom’s role as a global trade gateway, supporting industrial growth, trade efficiency, and supply-chain resilience.”