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DP World moves inland to Coventry
15 May 2023
THE FIRM is best known for its presence at London Gateway and the Port of Southampton, and is set to take a location in Coventry.
SEGRO has secured a pre-let with DP World Logistics, at SEGRO Park Coventry, its 200-acre development site in Warwick District.
SEGRO has undertaken complex remediation work to transform the former landfill site into a modern, sustainable logistics location, offering up to 3.7 million sq ft of new industrial and warehousing space. The scheme will include a 235-acre community park with footpaths, cycle routes and new woodlands and wetlands.
The new 598,050 sq ft unit, to be occupied by DP World Logistics, will be the fourth building at the development following last year’s 300,000 sq ft pre-let to a leading delivery company and SEGRO’s decision to build two speculative units of 140,000 sq ft and 220,000 sq ft which complete in September 2023.
- SEGRO builds four new units on spec in Slough
- Industrial property near Heathrow set to sell for £79.5m
- Inland port to be built in East Midlands
- West London warehouse park changes hands for £200m
- SEGRO pre-tax profits up 25% on back of eComm boom
- SEGRO sees high demand for its Green Bonds
- Multimodal extension for Northern France
- Services complete for London green logistics hub
- Micro fulfilment centre set up in Deptford
- Big Box joint venture 100% let