London, 15 October 2018 – Gazeley, a leading investor and developer of logistics warehouses and distribution parks, announced today that is developing a 278,000 SQ FT warehouse in the UK at G.Park Doncaster.
The new building, which will target leading logistics, distribution and e-commerce companies and will be available from Spring 2019, will include a 50-metre service yard, 38 dock doors and 4 level access doors, allowing for greater HGV access.
G.Park Doncaster is located adjacent to West Moor Park, an established distribution location on Junction 4 of the M18. Doncaster is home to some of the world’s largest brands including Ikea, Next, Amazon, Lidl, and DHL.
James Atkinson, Development Manager at Gazeley, said: “The case for locating in Doncaster is clear and compelling. The area offers a large workforce of logistics and transport sector specialists and is already host to industry leading brands. Its proximity to the M18, M1, A1 and wider motorway network will give our customers unrivalled access to the UK’s largest markets.
“This development will further strengthen our position in the UK as we continue to grow our business. We are looking forward to delivering a best-in-class facility at G.Park Doncaster.”
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Gazeley is a leading developer, investor and manager of European logistics warehouses and distribution parks with a 17 million square foot portfolio concentrated in the strategic logistics markets of the UK, Germany, France and the Netherlands. In addition to its operating portfolio, which is 96% leased to blue chip customers such as Amazon, UPS and Volkswagen, Gazeley has a prime land bank which allows for the development of an additional 16 million square feet. Gazeley is GLP’s Europe platform.
GLP is the leading global provider of modern logistics facilities and technology-led solutions, with over US$50 billion in assets under management across its real estate and private equity segments. The Company’s real estate fund platform is one of the largest in the world, spanning approximately 700 million square feet globally.
For further information about Gazeley please go to www.gazeley.com
For further information about GLP please go to www.glprop.com