AIPUT has started construction of Phase II of dnata City East, a 117,000 sq ft extension of its landmark air cargo facility located immediately to the south of Heathrow Airport.
The new building delivers a significant vote of confidence in Heathrow’s continuing success as a leading global airfreight hub.
The building will be operated by dnata, the largest independent cargo-handler serving Heathrow, together with the nearby 250,000 sq ft dnata City East Phase I warehouse, also built by AIPUT and pre-let to dnata.
Said Edward Amery, Head of UK Industrial & Logistics for Aberdeen Standard Investments, which manages the AIPUT fund: “The completed dnata City East site will set a new benchmark for airport industrial property investment, with AIPUT’s partnership with dnata creating a new, off-airport centre of excellence for UK airfreight.”