MONTEA today announced a cooperation agreement with The Brussels Airport Company for the development of phase 3 at Brucargo West.
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The deal involves some 6,000 m² of warehouse space, a 1,700 m² mezzanine area and 1,900 m² of offices.
In connection with the development of the distribution centre for DHL Global Forwarding, The Brussels Airport Company and Montea have signed a cooperation agreement to develop logistical airfreight facilities on the adjoining plot of land of approximately 31,000 m² at Brucargo West.
To this end, Montea has signed a (renewable) 50-year building agreement with the airport. As with the DHL project, Montea will be working with the Depaepe Group, which specializes in developing logistics buildings.
For the purpose of implementing this project, The Brussels Airport Company will be responsible for completing the Ring Road.
The development of this third plot will also see the completion of the final section of Brucargo West, which will be expanded to create a total of approximately 70,000 m² of top-quality warehousing and 12,000m² of offices.
Montea already has a long-term lease agreement in place for part of this land with a company with activities in the medical sector.
The deal involves some 6,000 m² of warehouse space, a 1,700 m² mezzanine area and 1,900 m² of offices. The site will serve as the European distribution for this group, with airfreight being used almost exclusively.
Talks with other potential tenants for the remaining 10,000 m² are well underway. The site's excellent accessibility by public transport (both by train and bus), Brucargo's clear-cut security plans, the outstanding working relationship with customs and the growing success of airfreight at Brussels Airport mean that both logistics service-providers and end-users view this final piece of land at the airport as an opportunity to optimize their supply chain.
"Our aim with this transaction is to emphasize the expertise of our Montea CARGO business unit (www.monteacargo.com)," says Peter Demuynck, COO of Montea. "With our professional knowledge and specific experience, we are able to deliver added value in developing logistical facilities at airport locations."
Source: Montea
