Aldar Properties and Carlyle invested €99.5m in 14 warehouse sites across the UK. These warehouses have been strategically chosen and cover a total gross leasable area of 83,613m2. They are located in a way that maximizes efficiency and connectivity within the UK’s logistics network. The potential for development is significant, and once fully occupied, these sites will elevate the standards of logistical operations and meet the evolving needs of the sector.
Talal Al Dhiyebi, Group CEO of Aldar Properties, said: “Our focus on these 14 UK warehouses underlines our belief in the strength and potential of the UK logistics sector. We are committed to leveraging our expertise in real estate development and asset management to contribute positively to the market’s growth.”
As Aldar and Carlyle move forward with their plans, the UK logistics sector stands on the brink of significant enhancement. The focus on these 14 warehouses is set to introduce a new era of development, aimed at supporting the country’s economic growth and reinforcing its position as a leading logistics hub in Europe.
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