Europe’s largest Logistics park
DP World’s London Gateway has appointed JLL as sole property agents for what will be the largest Logistics park development in Europe, positioned at the heart of the UK’s leading consumer market.
While the vast majority of deep-sea imports enter the UK through South East ports, currently only 10% of warehousing is in the South East. London Gateway will change that by bringing warehousing to the port of entry, significantly reducing supply chain costs for global businesses and offering a quicker, more reliable and greener way to transport goods. Analysts have estimated that 65 million road freight miles will be saved each year.
The project has planning consent for a 9.25 million sq ft, rail connected Logistics park on the north bank of the Thames, adjacent to the new deep-water port. The park is on schedule to open in Q4 2013.
Andrew Gould, Chairman of UK Green Building Council and former JLL UK Chief Executive, commented:
"This appointment comes after a huge amount of work over recent years with the London Gateway team planning this extraordinary project and we are really pleased to have an international team working in partnership with DP World advising on delivery. It is a world class project and will be a game-changer for the UK economy”.
See the progress we've made so far on the London Gateway project in our time-lapse video.
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JLL helps deliver first tenant to London Gateway
We advised DP World on a new 900,000 sq ft Marks & Spencer distribution centre at London Gateway.
Marks & Spencer is the first occupier to be announced on the site and will bring £200 million of investment to the area and create around 700 jobs.
The site was visited by Prime Minister David Cameron who described the area as an 'emblem of ambition'.
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