Global law firm Norton Rose Fulbright has advised DP World London Gateway on the sale of a 44 acre site at the DP World London Gateway Logistics Park to UPS Limited for the construction of a new 32,000 square metre packaging, sorting and delivery facility.
The new facility will act as a UK hub and distribution centre for the local area as well as a key gateway to UPS’s global transportation network. Once completed, the facility will be able to process approximately 30,000 packages per hour. It is expected to be completed in 2017.
The Norton Rose Fulbright team worked with DP World London Gateway’s internal legal team led by Julian Plescia, Head of Shared Services and Legal Compliance.
Neil Biswas, real estate partner, comments:
“We were delighted to advise DP World London Gateway on the latest stage of the development of its Logistic Park.”
Chris Randall, corporate partner, comments:
“UPS’ investment in DP World London Gateway Logistic Park is another endorsement of the game changing infrastructure which DP World London Gateway is providing to the UK logistics industry.”
The Norton Rose Fulbright team was led by property partner Neil Biswas and corporate partner Chris Randall with support from Alex Parry (property), Keith Law (corporate), Sammie Hurrell (corporate) and Julia Lloyd (tax), who worked closely with the internal legal team at DP World London Gateway.
DP World London Gateway Port and Logistics Park is a tri-modal facility combining a world class deep-sea container terminal on the same site as a 9 million sq ft logistics park, supported by state of the art infrastructure.
DLA Piper acted as advisers for UPS.
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