Jones Lang LaSalle named property agents by DP World's London Gateway
2012 05 02
- Details
DP WORLD's London Gateway has appointed Jones Lang LaSalle as sole property agent for the coming largest logistics park development in Europe that will be connected to a 3.5 million TEU annual capacity terminal at Thurrock, Essex, on the north bank of the Thames.
Jones Lang LaSalle will provide specialist advice in the property sector to support the delivery of the London Gateway logistics park, which is located east of London on the north bank of the Thames, a statement from DP World said.
"London Gateway has the potential to transform logistics operations in the UK by offering a port-centric logistics solution at the heart of the UK's largest consumer market," said Tim Johnson, Jones Lang LaSalle's director of national industrial and logistics.
"The logistics park is a unique proposition offering the potential to provide some of the largest and tallest buildings in Europe. There are 15 million consumers located within 80 kilometres of the site and this underpins our view that London Gateway is simply the best location for UK supply chain solutions," he said.
The project has planning consent for a 9.25-million square foot, rail connected logistics park, adjacent to the new deep-water port, which is on schedule to open in the first quarter of 2013, reported Trade Arabia News Service. Most deep-sea imports enter the UK through south eastern ports yet only 10 per cent of warehousing is in the south east.
London Gateway offers significant supply chain savings for global businesses through reduced transport costs created by having warehousing at the port of entry, closer to key UK consumer markets.
Analysts estimate that 65 million road freight miles every year will be saved, as many goods will no longer need to be transported from deepsea ports to inland distribution centres.
Source Shipping Gazette - Daily Shipping News
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