DP World has launched the fast-track delivery of a speculative 119,000ft2 warehouse at London Gateway’s port-centric Logistics Park to meet unprecedented demand for space at the freeport site.
This is the company’s second speculative warehouse facility at London Gateway and it is expected to complete development in less than a year.
Oliver Treneman, Park Development Director at DP World in the UK, said: “We have seen the best year for new business in a decade as demand for premium warehousing space in the South East of England has reached unprecedented levels. We are very confident that LG119 (Plot 4040), the facility we are announcing today, will be of interest to some of the dozens of retail, manufacturing and logistics businesses looking to expand or establish new operations who have contacted us to take advantage of the unique opportunities on offer since our freeport status was announced.”
The new facility will be ready for occupation at the end of Q3. It will be one of the most sustainable warehouses yet built, with a BREEAM ‘Outstanding’ classification, delivering a 30 per cent carbon reduction during construction and 40 per cent reduction in operational carbon emissions.
