Dubai – Mubasher: The UAE’s industrial and logistics sectors are luring more international investment.

Such development was evidenced by the recent sale-and-leaseback of Transworld Group’s logistics facility in Dubai’s Jebel Ali Free Zone, US-based professional services firm JLL said in a statement released on Wednesday.

The boom in the e-commerce market and the digitalisation of the supply chain industry boosted growth and attracted a variety of investors, JLL maintained.

“In the long run, increased capital investments of this scale will drive future development of quality space, fulfilling the demand for warehouse facilities across the UAE. JLL’s director for capital markets – MENA, Abdul Kader Monla, commented.

Monla further noted that his company expected to see “an increasing number of future trades given the unique value proposition and attractive attributes of the sector, particularly in today’s tight market conditions”.