FDBusiness.com

SWIP’S AIPUT signs landmark pre-let agreement with dnata at Heathrow

 Breaking News
  • AllinAll Ingredients Officially Opens New €5 Million Facility in Dublin An Taoiseach Leo Varadkar, TD (pictured above left), has officially opened AllinAll Ingredient’s new state-of-the-art manufacturing and Research and Development facility in Rosemount, Dublin. The company, which has been in the food industry for over 20 years, develops and manufactures ingredients, sauces and blends for the processed food market. Its R&D lead team have developed [...]...
  • Starbucks Extends Strategic Partnership With Arla Foods After seven years of a successful business partnership, Starbucks has a new strategic licensing agreement with the farmer-owned dairy co-operative Arla Foods. The two companies have signed a long-term 21-year strategic agreement, giving Arla Foods license to continue to manufacture, distribute and market Starbucks premium milk-based ready-to-drink (RTD) coffee beverages for the EMEA region (Europe, [...]...
  • Dual Quality of Food – European Commission Releases Common Testing Methodology The European Commission has just released a new common methodology for comparing the quality of food products across the EU. The Joint Research Centre (JRC), the European Commission’s Science and Knowledge service, has developed a common methodology to allow national consumer authorities to carry out tests comparing the composition and characteristics of food products sold [...]...
  • Müller Launches FRijj Ambient Range Müller has introduces FRijj with a longer lasting ambient recipe for the first time. The new FRijj ambient range is being produced at Müller’s Severnside site, which has benefited from substantial investment to create a new centre of excellence for milk drinks and fresh cream. Müller intends to use the increased capabilities at Severnside and across [...]...
  • Irish Gin Exports Up 433% in First Quarter of 2018 New CSO figures reveal that the value of Irish gin exports grew by a whopping 433 per cent in the first quarter of 2018, compared to the first quarter of 2017. In the first quarter of 2018, exports of Irish gin were valued at €935,000, compared to just €175,000 in the first quarter of 2017. [...]...

SWIP’S AIPUT signs landmark pre-let agreement with dnata at Heathrow

July 12
11:02 2012

SWIP (Scottish Widows Investment Partnership) today announces that its Airport Industrial Property Unit Trust (AIPUT) – a specialist owner and manager of airport related industrial warehouses – has signed a landmark pre-let agreement with dnata for a major new cargo warehouse hub at London Heathrow Airport

dnata, a leading global air services provider, has committed to take a premium cargo warehouse hub of 13,146 sq m (141,500 sq ft) on Northumberland Close to service their international carriers. This new scheme, which compliments dnata’s existing facilities in the area, will be Heathrow’s largest ‘off-airport’ pre-let to a cargo and aviation related operator in the last 10 years.

The former Blackburn & Court Farm Estate is a prime site opposite the Heathrow Cargo Terminal and British Airways World Cargo Centre, and is a strategic asset for AIPUT. The pre-let is the first phase of the development of the park, and subject to planning, work should start later this year. There is the potential for a further warehouse facility of 6,500 sq m (70,000 sq ft) that could be developed on the remaining 1.4 hectares (3.5 acres).

Nick Smith, Fund Manager for AIPUT within SWIP’s Real Estate team, comments:

“SWIP is delighted and proud to be announcing this significant transaction alongside our established and valued customer dnata. This is a huge commitment for both AIPUT and dnata given the backdrop of these adverse economic conditions, and is testament to the perfect match of our ambitions and vision to deliver an outstanding scheme on this global stage.

“This project is indicative of how AIPUT is dedicated to delivering world-class solutions and service excellence to our customers and delivering an exceptional asset for our investors. We look forward to forging a deeper and stronger relationship with dnata, and to strengthen London Heathrow as a leading international airport and cargo destination.”

Paul Cole, Interim Chief Executive Officer of dnata UK, comments:

“This investment marks a step change in dnata’s cargo capacity in the UK market. Our willingness to invest in new facilities is a sign of our commitment to London Heathrow Airport and will be the vehicle for our future growth in this important market.”

AIPUT was represented by Canmoor Developments, Dowley Turner Real Estate and Dundas & Wilson. dnata was represented by Lambert Smith Hampton and Wragge & Co.

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 17, 2018The Excellence of Italian Food and Wine (Bellavita Expo)
  • June 25, 2018Packaged., The 7th Global Summit
  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
AEC v1.0.4

Jobs: Logistics

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements