ProLogis to develop new rail-served distribution park in South-East London

Source: Supply Chain Digital

Date :08/01/2008 11:26:36

ProLogis, the world's largest owner, manager and developer of distribution facilities, announces plans to develop a new 2.1 million sq ft, rail-served distribution park in South-East London.

The 158-acre project, to be called ProLogis Park Howbury will be the third rail freight interchange owned by ProLogis in the UK.

The company also owns and manages Daventry International Rail Freight Terminal (DIRFT), a 2 million sq ft park located at the intersection of the M1 and M6 motorways, and ProLogis Park Coventry, a 1.5 million sq ft park located in the West Midlands region.

"Companies with logistics requirements are increasingly realising the environmental, commercial and operational advantages of moving product by rail," said Andrew Griffiths, managing director for ProLogis in the UK.

"We believe that rail freight is important to the future of the logistics industry in the UK…. and we are well positioned to serve customer demand for rail-served distribution facilities."

Rail infrastructure

The new project - one of several rail-served distribution parks the company plans to develop at key road and rail intersections throughout the UK - will include a new intermodal facility and four large-scale industrial warehouses, each of which will be rail-served.

The rail infrastructure will connect to major freight routes, sea ports and other rail-served logistics parks throughout the country, as well as a pan-European network of existing ProLogis rail-served facilities.

ProLogis, which recently received planning approval for ProLogis Park Howbury from the UK government, plans to begin construction on the park early this year.

January 08, 2008