Powering the Logistics Transformation of Central Asia
Central Asia
Warehouse
Private Equity Fund
Building Capacity.Creating Value.
About
This pioneering private equity fund aims to capture the region's rapidly growing demand for logistics infrastructure. Led by a team with exceptional expertise in both local and global warehousing and finance, the fund offers institutional and private investors access to an asset class with a highly attractive risk–return profile.
- → Target fund size: $250 million
- → Investment period: 5 years
- → Target IRR (in USD): Up to 20%
Central Asia Warehouse Private Equity Fund is registered with the Astana International Finance Centre (AIFC).
Key Fund Parameters
Opportunity
Central Asia is experiencing strong domestic growth, rapid e-commerce expansion driven by a young, tech-savvy population, and a rising role as a logistics hub connecting China, Russia, and Europe. Together, these trends are creating strong and still largely unmet demand for logistics and warehousing capacity.
Per capita storage space (Class A and B) stands at about 4.5 sq. m. in the United States and up to 4 sq. m. in Europe, compared with around 0.4 sq. m. in Russia. In Kazakhstan, this figure falls to approximately 0.11 sq. m., and is even lower in other Central Asian countries. As a result, the current warehouse space deficit in the region is estimated at around 15 million sq. m. (source: IBC Global).
These realities have created an appealing investment opportunity in the regional warehouse real estate market.
Deficit of Quality Warehouse Space in Central Asia (Q1 2026)
Per Capita Storage Space (Class A & B) Comparison (Q1 2026)
sq.m. per capita
Source: IBC Global
Strategy
Main Target Segments:
- → Retail and e-commerce
- → Agriculture and food logistics
- → International / multimodal
Asset Size and Types:
- → Class A and specialized facilities
- → 20,000 sq.m. and more
- → Development or existing, revenue-generating properties
Geography:
- → Kazakhstan: 40%
- → Uzbekistan: 40%
- → Other countries of the region: 20%
E-Commerce
Logistics
& Multimodal
Who We Are
Central Asia Warehouse Private Equity Fund is a joint initiative by:
- →GreyStar Real Estate Partners, a major industrial real estate developer operating in Eastern Europe and Central Asia
- →IBC Global, the leading warehouse development and investment consultancy in Central Asia
- →Römer Silk Road, a Tashkent-based affiliate of Römer Capital that connects global capital with high-potential frontier markets
The fund is managed by Provident Fiduciary, a private fund manager registered with the Astana International Financial Center (AIFC).
Fund Team
Stanislav Akhmedzyanov
Managing Partner of IBC Global
Alexei Petrov
CEO of Römer Silk Road LLC
Calin Anton
General Manager of GreyStar Real Estate Partners
Asset Abdygapparov
Founder & CEO of Provident Fiduciary
Adrien Henni
VP Finance & International Development at IBC Global
Contact Us
- → If you are a developer or owner of a Class A warehouse facility in Central Asia, please feel free to inquire about our investment criteria, or send us your proposal.
- → If you are an institutional investor interested in exploring the potential of warehouse logistics in Central Asia, we would be delighted to start a conversation with you.
Please contact us by email: contact@caw.fund
