Uzbekistan and Kazakhstan to Benefit from $250 Mln Central Asian Warehouse Investment Funds
Uzbekistan will see the development of modern warehouse facilities through the creation of the first specialised investment funds in Central Asia. During the Central Asia Warehouse Summit (CAWS 2025) held in Almaty, IBC Global announced the launch of two major funds with a combined value exceeding $250 mln.
The first, Eurasian Warehouse REIT OEIC Ltd., is being established with the participation of TG Global (Tansar Capital Group). It aims to raise $75 mln, offering an expected return of 18–22% over an investment period of six years with a possible two-year extension. The fund will focus primarily on Kazakhstan (70%) and Uzbekistan (14%), assembling a portfolio of existing and new facilities totalling around 85,000 square metres.
The second, Central Asia Warehouse PEF OEIC Ltd., is being formed in partnership with Provident Fiduciary Ltd. and Roemer Silk Road. Valued at $200 mln, it targets a minimum return of 15% over a five-year term. The portfolio will cover about 500,000 square metres of warehouse space, 55% of which will be newly built. Investment priorities include Uzbekistan (40%), Kazakhstan (30–35%) and other countries across the region.
Both funds are registered with the Astana International Financial Centre (AIFC).
Kursiv also reports that according to the Eurasian Development Bank, the country’s total warehouse space will reach 600,000 sq m by the end of 2025.
