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Work starts on London Gateway logistics park

[ February 6, 2015   //   ]

DP World held a ground-breaking ceremony on 6 February to mark the start of construction on its 316,000sq ft London Gateway Logistics Park. The building is being developed speculatively as an equal joint venture between DP World, one of the world’s largest port operators, and industrial real estate specialist, Prologis.

The ceremony was attended by non-executive director and vice chairman of DP World, Jamal Majid Bin Thaniah, group chief executive, Mohammed Sharaf, and Prologis chairman and chief executive, Hamid Moghadam.

The new single-sided 15-metre high distribution centre, which has been designed to offer flexible distribution space, will have a 55-metre yard and space for expansion. It also includes more than 10,000 sq ft of office space.

It is scheduled to be ready for occupation by the third quarter of 2015.

DP World London Gateway CEO Simon Moore, said: “We are engaged in discussions with potential occupiers and we are seeing a high level of interest in the new facility.”

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