DUBAI's dp World has started construction of a 119,000-square foot warehouse at its London Gateway Logistics Park before securing a tenant.
Despite the speculative nature of the development, DP World said it had fast-tracked development due to customer demand and expects the warehouse to be complete in the third quarter 2023.
The development targets a 30 per cent carbon reduction during construction and 40 per cent lower operational carbon emissions, reports the UK's Seatrade Maritime News.
The logistics park has had its best year for new business in a decade, signing four new major tenants in the last 12 months: logistics businesses Transmec and Magnum, bonded warehousing firm London City Bond, and secure information and data storage service provider OASIS Group.
Despite the speculative nature of the development, DP World said it had fast-tracked development due to customer demand and expects the warehouse to be complete in the third quarter 2023.
The development targets a 30 per cent carbon reduction during construction and 40 per cent lower operational carbon emissions, reports the UK's Seatrade Maritime News.
The logistics park has had its best year for new business in a decade, signing four new major tenants in the last 12 months: logistics businesses Transmec and Magnum, bonded warehousing firm London City Bond, and secure information and data storage service provider OASIS Group.