Kizad launches phase 2 of logistics park


July 11, 2016 | By RetailME Bureau

Abu Dhabi Port, the master developer, operator and manager of ports and the Khalifa Industrial Zone (Kizad), has announced the launch of the second phase of Kizad Logistics Park (KLP) – non-free zone warehousing. KLP comprises high quality warehouses in Kizad’s logistics cluster and is set to become one of the leading warehousing centres in the region.

Following the success of KLP Phase 1, Kizad has started construction of the second phase of the project. 64 high-quality modular warehouse units are set to be handed over to tenants by Q3 of this year, bringing the total number of units to 105 covering an area of 1.3 million sqft.

“Kizad’s development follows a demand-driven approach; responding to the needs of the market and designing flexible solutions accordingly. The 41 warehouses in phase 1 were 83% leased prior to construction being completed and 100% leased a few months after that. Since then, the need for more high quality warehousing units has encouraged us to start building phase 2 of KLP,” says Mana Mohammed Saeed Al Mulla, chief operating officer, Kizad.

“In a challenging leasing environment, superior pre-built offerings support businesses with their logistics requirements. The success of KLP’s phase 1 only proves that Kizad is the ideal solution that offers an exceptional location, world-class infrastructure and dedicated investor support in a competitive operating environment,” he adds.

Comments

comments

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /



Lulu Group International recently introduced the world’s first AI-powered Food Delivery Robot 

Continue Reading

May 9, 2022 | By Shruthi Nair

Eid Al-Fitr is an occasion to gather with your friends and family 

Continue Reading

April 29, 2022 | By Zubina Ahmed

Leading retailer LuLu Group further strengthened its presence in the Emirate of 

Continue Reading

April 28, 2022 | By RetailME Bureau

Jones the Grocer, the Australian gourmet grocer and café chain, announces further 

Continue Reading

April 28, 2022 | By RetailME Bureau

What is a perfect healthy snack for Ramadan? An assortment of  dried 

Continue Reading

April 14, 2022 | By Zubina Ahmed

With Ramadan almost at it’s first week, we are wondering where can 

Continue Reading

April 6, 2022 | By Zubina Ahmed

In spirit of the holy month, Amazon announced that it will contribute 

Continue Reading

April 5, 2022 | By RetailME Bureau

As consumer behaviour is changing and the demand for delivery is expanding, 

Continue Reading

March 30, 2022 | By Zubina Ahmed

As part of the ‘Gift an Iftar’ campaign, Festival Plaza, part of 

Continue Reading

March 30, 2022 | By RetailME Bureau

The Michelin Guide, a book published by the French tyre company that 

Continue Reading

March 30, 2022 | By RetailME Bureau

As the UAE eases pandemic restrictions and encourages the renewal of business 

Continue Reading

March 29, 2022 | By RetailME Bureau

Papa John’s International, Inc. has announced a new partnership with ENOC Group 

Continue Reading

March 29, 2022 | By RetailME Bureau




f
Download Images RetailME Magazine