JLL announces property partnership with ABP

JLL has partnered with Associated British Ports (ABP), the UK’s leading ports operator to promote ABP’s sizeable and diverse property portfolio across its 21 port locations in England, Scotland and Wales. 

As part of the partnership, JLL and ABP will raise market awareness of the strategic importance of ports in future-proofing the businesses of occupiers, as ABP continues to invest in acquisitions and regeneration. ABP offers a broad range of available commercial property and land opportunities, including industrial, warehousing, open storage and development land. Together these provide tri-modal connectivity and a unique level of resilience for a vast range of businesses.

ABP is one of the largest commercial landowners in the UK, with a portfolio of 8,600 acres, over 2,400 acres of development land and a rent roll of £130m. ABP’s locations provide unrivalled development options including the recently acquired 227 acres of development land known as Stallingborough Interchange at the Port of Immingham, over 120 acres of development land  and over 200,000 sq ft shed space currently available at the Port of Newport and regeneration opportunities at Marchwood Industrial Park in the Port of Southampton. 

Melinda Cross, Head of Industrial and Logistics at JLL, commented: "This partnership with ABP represents a significant opportunity to bring cutting-edge industrial and logistics spaces to the market. JLL's extensive network and understanding of occupier needs will help showcase ABP's diverse portfolio, which offers businesses resilient, future-proof locations and emerging clean energy hubs. This collaboration aligns with our commitment to driving sustainable growth and supporting the evolving needs of modern supply chains."

Henrik L. Pedersen, ABP CEO, said: “When businesses choose to locate on ABP’s port estate, they are choosing the future. Our ports are at the epicentre of building a greener tomorrow, providing businesses with access to multimodal distribution links, urban skills centres and the ability to plug into a vibrant community of like-minded industry partners, committed to clean growth, decarbonisation and energy generation.”

The competitive tender process to select a national property agent partner was led by a cross-regional expert team from ABP Property, including Robert Morton, Lead Asset Manager on the Humber, Jeff Gibb, Lead Asset Manager, WSSP and Tim Hook, Lead Asset Manager in Southampton. 

Speaking about the selection, they said: “We selected JLL because we were impressed by their expertise and in particular their strong UK-wide coverage and experience in the energy and advanced manufacturing sector. We would like to congratulate them on their success and look forward to working together to deliver value for local businesses and the communities surrounding our ports.”