Sign in
Dubai South + Aldar to develop facility for Kuehne + Nagel: Dubai South and Abu Dhabi-based real estate developer Al Dar Properties (Aldar) inked an agreement to develop a build-to-suit facility for Swiss-based logistics provider Kuehne+Nagel at Dubai South’s EZDubai e-commerce hub, according to a press release. The investment ticket for the agreement was not disclosed.
What we know: Slated for delivery in 2Q 2025, the facility will span an area of 22.9k sqm and provide third-party logistics services (3PL), goods handling services, office space, warehousing capabilities, and an amenities block, the statement notes. The facility will also leverage connections via a bonded logistics corridor to nearby Al Maktoum International Airport and Jebel Ali Port.
REMEMBER- Dubai South and Aldar formed a JV back in February to develop Grade A logistics facilities at Dubai South’s Logistics District. The facilities include developing build-to-lease and build-to-suit facilities for tenants including third-party logistics (3PL), e-commerce, and retail.
Aldar has big plans for UAE’s logistics sector: The developer earmarked AED 1 bn for logistics expansions in Abu Dhabi and Dubai in January. The developer acquired 7 Central Logistics Hub from steel supplier Seven Seas Steel Industries and an adjacent plot in the Dubai Investment Park. Aldar also plans to add 33k sqm of GLA to its 132 sqm Abu Dhabi Business Hub.
