Saturday, August 27, 2011

EZW’s Gazeley starts earthworks for new build-to-suit at Magna Park Kassel in Germany


Dubai, United Arab Emirates - Saturday, August 27th 2011 [ME NewsWire]

Gazeley, an Economic Zones World company and leading global supplier of logistics warehouses and distribution parks, has recently started earthworks on a 26 acres site in Kassel, Germany for a 47,100 sq m (507,000 sq ft) build-to-suit project.

The site is part of Magna Park Kassel where Gazeley has already built a total of 135,000 sq m of logistics and distribution space for renowned customers such as Volkswagen and Zufall Logistics Group.

The new warehouse will be developed for a leading international manufacturer of solar components and is scheduled for completion by the end of this year. In line with Gazeley’s sustainable commitment it will include various eco elements and is aimed at achieving the “Silver Certificate” of the German Sustainable Building Council (DGNB).

Mrs. Salma Hareb, CEO, Economic Zones World said: “We are fully committed to the implementation and promotion of energy efficient practices and environmentally friendly logistics developments. The warehouse at Magna Kassel, being developed by Gazeley, demonstrates our expertise and ability to deliver tailor made solutions for customers. Through this project and more, we will continue to seek newer and more efficient solutions for our global clients and the communities we serve."

“We are very pleased to have secured this long-term lease agreement which now enables us to develop the largest individual warehouse at Magna Park Kassel”, said Ingo Steves, Country Director, Gazeley Germany. “This prime logistics location in central Germany has seen a tremendous upswing in recent years, partly due to the excellent cooperation between Gazeley and the regional development authorities.”

Magna Park Kassel provides easy access to the A7 motorway, one of the most important North-South motorways of Germany, and is linked to the East-West motorway A 44. Any German destination can be reached from here within five hours.

Gazeley is a global provider of sustainable logistics space. To date it has built over 60 million sq ft (5.6 million sq m) of quality warehouses and distribution parks across the globe. Gazeley has won a multitude of Sustainability Awards including the ‘Best Sustainable Development’ at the LEAF Awards, Industrial Agents Society Awards, UK Commercial Property Awards and HANSE Global for the facilities it has developed.

-ENDS-


Contacts

Hasaad Communications

Adeti Changulani

+971 50 429 5576

adeti.changulani@hasaad.ae

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