IDI Gazeley leased 4.1m sq ft of warehousing across Europe In 2016

IDI Gazeley leased 4.1m sq ft of warehousing across Europe In 2016

In a statement sent to Post&Parcel today (6 February), IDI Gazeley said that “notable transactions” in 2016 included:  leasing a 259,000 sq ft unit at Magna Park, Lutterworth and a 297,000 sq ft unit at Daventry Distribution Centre to “two leading American e-commerce businesses”; and leasing of 1,399,000 sq ft in Hamburg to “one of the world’s leading e-commerce companies”.

The company added that it has more than 3 million sq ft of new developments committed across Europe for a range of customers.

Pat McGillycuddy, Chief Executive Officer Europe, IDI Gazeley, commented: “2016 was an extremely productive year for IDI Gazeley. These lettings highlight our ability to deliver high quality space that suits our customers evolving requirements. Equally, our customer centric approach continues to underpin our high occupancy rates driving continued demand for our facilities across Europe.

“In 2017, our focus will be to deliver on a range of new developments to the highest standard for both new and existing customers, with more than 3 million sq ft committed across Europe.”

About The Author

Ian Taylor

Ian Taylor is the Editor of Triangle’s Mail & Express Review Magazine and the www.postandparcel.info portal. Ian has been a business journalist for almost 30 years, editing and writing for a wide range of magazines and newspapers with a particular focus on the transport and logistics industries.

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