Recent Thames Freeport addition welcomes new long term lease

DP World London Gateway welcomes another business to its expanding port-centric logistics park.

DP World London Gateway has been given a further boost by its status as part of Thames Freeport, with the financial incentives for businesses locating there starting in November last year.

London City Bond, which will take the facility on a long-term lease from March, is a leading tax warehousing company and specializes in storage for renowned drinks trade customers.

Oliver Treneman, park development director at DP World in the UK, said: “We are delighted to welcome the latest tenant to our port-centric logistics park at London Gateway, where we have seen the best year for new business in a decade as demand for premium warehousing space in the South East of England has soared.

“By establishing a bonded warehouse on the park, London City Bond further consolidates our position as the premier destination for imported wines from the New World.”

“With international trade changing fast as we emerge from the pandemic, DP World - the leading provider of smart logistics solutions - has the space, infrastructure and vision to support our customers at London Gateway as they grow.”

Oliver concluded: “Our partnership approach, logistics expertise, digital solutions and inter-modal connectivity, particularly rail, help us to solve logistical challenges and give our customers more control over their supply chains.”

Alf Allington, Managing Director at London City Bond, added: “We are delighted to have secured the opportunity to work in partnership with DP World to secure our latest warehouse within London Gateway – our sixteenth site to date.”

“The current shortage of quality warehousing is well documented, and it is therefore even more exciting to have secured this new unit within the freeport as we know from our past experience just what additional benefits this can bring to us as a tenant, whilst at the same time allowing us to offer bespoke port-centric solutions to our customers.”

“We are particularly pleased with the way DP World have managed the build and are on track to hand this over to us on time. We very much look forward to a long and rewarding partnership with them.”