ROSHN Group and Agility Logistics Parks Launch SAR 2.5 Billion Joint Venture to Develop World-Class Logistics Park in Jeddah
Riyadh, Saudi Arabia — 5 March 2026 — 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 a 50:50 joint venture to develop a large-scale Grade A logistics park in Jeddah. The total project value is over SAR 2.5 billion, including land and development.
This new agreement follows an initial Heads of Terms that was signed in February 2026 on the sidelines of the Public Investment Forum in Riyadh by Sabah Barakat, Acting Group CEO of ROSHN Group, and Tarek Sultan, Chairman of Agility.
The joint venture will develop the project on approximately 1.3 million square meters of land in a strategic location in Jeddah, offering access to one of the Kingdom’s most important gateways and national logistics corridors.
The logistics park will be developed in three phases, delivering a combined approximately 650,000 square meters of warehousing and commercial space. Construction is expected to commence in Q4 2026.
This joint venture reflects ROSHN Group’s significant contribution to the Kingdom’s real estate and infrastructure sectors and reinforces its position as the premier partner for investment in Saudi Arabia. By developing integrated, strategic projects in collaboration with global industry leaders, such as Agility Logistics Parks, ROSHN Group remains a key driver of economic diversification.
About ROSHN Group
ROSHN Group is Saudi Arabia’s leading multi-asset real estate developer and a Public Investment Fund (PIF) company, playing a key role in advancing Saudi Vision 2030. The Group is transforming the Kingdom’s urban landscape through human-centric destinations that enhance connectivity and elevate quality of life. Its diverse portfolio spans integrated communities and mixed-use developments across strategic sectors, including retail, hospitality, transportation and logistics, entertainment and leisure, healthcare, education, and sports facilities.
For more information about ROSHN Group, please visit:
Website: www.roshn.sa
X: x.com/roshnksa
Instagram: instagram.com/roshnksa
LinkdIn: linkedin.com/company/roshnksa
YouTube: youtube.com/@roshnksa5544
About Agility Logistics Parks
Agility Logistics Parks is a leading developer, owner, and operator of industrial real estate across the Middle East, Africa, and South Asia, providing scalable logistics and light industrial facilities in strategic locations. Agility Logistics Parks is part of Agility, a multi-business operator and long-term investor in sector-leading global businesses. Agility has a global footprint across six continents and 80+ countries, with a workforce of 68,000 employees.
For more information about Agility, please visit:
Website: www.agility.com
Twitter: x.com/agility
LinkedIn: linkedin.com/company/agility
Instagram: instagram.com/agility
Facebook: facebook.com/agility.corporate
YouTube: youtube.com/user/agilitycorp
For media inquiries:
Billy Rayfield | [email protected] | +971 (0)4 568 3444