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■ Logistics Property
Newsfax K+N eyes Russia
InBrief
at Beam
Kuehne + Nagel has ambitious significantly boost operations and
strategic development plans for expand its warehousing and
Reach
Russia. Within the scope of its logistics footprint in Russia to
contract logistics growth policy more than 300,000 sqm over the
■ Active LSH
in north-east Europe, the next three years. Before the end of
National UK property
Beam Reach, one of the largest logistics provider aims to 2007 alone, new facilities are
consultancyLambert
regeneration projects in the expand its warehouse space scheduled to go into operation in
Smith Hampton (LSH) has
Thames Gateway being
been crowned the UK’s
across the country to more than St. Petersburg, Kazan,
‘Top National Agent’ in a
undertaken by the London 300,000 sqm over the next three Yekaterinburg, Samara and
competition run by Estates
Development Agency has years. Vladivostok.
Gazette, the industry
announced that Newsfax In a move underlining the Clemens Abt, who is
magazine for property
International, the UK's largest strategic importance and business responsible for Kuehne + Nagel’s professionals.
independent contract potential of the Russian market, North-East Europe region and The award means that, in
newspaper printer is to occupy Kuehne + Nagel earlier this year National Manager for Russia since
2006, LSH recorded more
a new printing plant that is relocated the regional the beginning of the year,
deals across the UK and
under construction at Beam headquarters for its North-East commented, “With investments in
Ireland than any other
Reach 5. Europe region from Warsaw to facilities, technology and staff, we
firm and, more
The 4,093 sq m (44,063 sq ft) Moscow; the region comprises are developing high quality
significantly, that LSH has
now won the prestigious
state-of-the-art facility will Belarus, Bulgaria, Estonia, Latvia, logistics operations in the
accolade for a record fifth
become fully operational by June Lithuania, Poland, Romania, country’s key consumer markets.
time in six years.
this year and will print Russia, and Ukraine. For some time already we have
LSH can therefore,
newspapers such as The Sun, Kuehne + Nagel, one of the been accompanying international
officially and once again,
News of the World, Wall Street world’s top-three contract logistics companies and retail chains claim the title of the UK’s
Journal, USA Today and other providers, entered the Russian setting up activities in Russia. Our ‘most active national
leading international newspapers. market in 1992 and currently has strategic expansion plans are a
agent’. In addition to
The building, which occupies a 70,000 sqm of warehouse space strong confirmation of our
winning the top accolade,
1.09ha (2.7 acre) site, was under management at six sites in commitment to support customers
LSH was also named as
acquired from the LDA at a price Moscow, St. Petersburg and develop and extend their business
the Top National Agent in
around £825,000 per acre. Rostov-on-Don. Services in considerably further across
the Office and
Industrial/Distribution
Newsfax International will particular are dedicated to the Russia. Our medium-term
sector categories,
move to its new facility from requirements of the FMCG/retail objective is to position Kuehne +
cementing the firm’s grip
Bow Industrial Park due to the and consumer goods/electronics Nagel as one of the country’s
on these important
building of the new 2012 industries. leading contract logistics
national positions and
Olympic Stadium. The company plans to providers.” reinforcing the business’s
reputation as an
ProLogis’ China expansion
increasingly strong
national player.
Chief executive Mark
ProLogis has announced that ProLogis has built an industry- Chinese operations.
Rigby said, “I am
it is expanding its presence in leading position in China by "The expansion we're
delighted that, once again,
China through new
LSH has been crowned the
focusing on coastal markets announcing is a natural
UK’s ‘most active national
developments in five key where demand is strongly tied evolution of our overall strategy
agent’. This is a fantastic
inland distribution markets. to import-export activity," said for China. While we continue to
achievement and comes as
It has secured land for five Jeff Schwartz, ProLogis chief extend our presence in coastal
a result of hard work and
industrial parks in the cities of executive officer. "Our China markets, we also see application from teams
Changsha, Chengdu, team has been extremely opportunity in the country's working across the full
Chongqing, Nanjing and effective in executing this large inland cities, driven by
breadth of our national
Wuhan. In aggregate, the parks strategy, and we now have park exceptional GDP growth and
network. Moreover, this is
can accommodate over 808,000 sites in coastal locations that increased domestic
our fifth overall win and
sq m (8.7 million sq ft) of can support approximately 50 consumption. Our five new
we can now proudly claim
distribution space and represent million square feet of total expansion cities have an
to have won the coveted
an estimated US$246 million in development. Importantly, we're
title for the fifth time in six
aggregate population of more
years.”
total investment over time. The seeing strong demand for our than 60 million people, and all
first distribution centres at the acquired and newly developed are important regional
new parks will be delivered over warehouse buildings from both distribution hubs for
the course of 2007 and 2008. local enterprises and manufacturers, retailers and
"Over the past three years, international companies with third-party logistics providers."
70 ShD April 2007 www.PressOnShD.com
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