DSV Plans Middle East Expansion with New Warehouses in Dubai
DSV is expanding its presence in the Middle East with new warehousing spaces at JAFZA and Dubai Investment Park.
DSV's partnership with Arcapita for the warehouses marks a significant step forward for the logistics sector in the UAE and the Middle East region.
Covering a combined area of 99,932 square meters in JAFZA and 22,955 square meters in DIP, these state-of-the-art warehouses provide top-tier logistics infrastructure to meet the evolving needs of the industry.
Chrys Mendonca, Managing Director of DSV in Dubai, says: "In our relentless pursuit of excellence, this partnership with Arcapita and the expertise of CBRE have seamlessly united our vision with strategic action.
"These cutting-edge warehousing facilities symbolize our commitment to advancing the logistics landscape in the UAE and the Middle East.
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"As we stand at the crossroads of innovation and efficiency, we are poised to redefine industry standards and deliver exceptional solutions to our clients."
Isa Al Khalifa, Director of MENA Real Estate at Arcapita, say: "This strategic partnership with DSV reflects Arcapita's commitment to expanding our presence in this dynamic region.
"These facilities will enhance our capabilities to deliver exceptional value to our clients and partners, while further solidifying our position as a leading player in the logistics and real estate sectors.
"We look forward to leveraging our expertise and resources to optimize these assets and contribute to the growth and development of the regional supply chain.”
Jonathan Briggs, Head of Industrial & Logistics at CBRE Middle East comments: “We are delighted to have supported DSV on one of the largest open-market industrial & logistics sale & leaseback deals in the UAE of late.
"Drawing on previous track record across the UK, Europe and the Middle East, CBRE’s Industrial & Logistics team ran an international best-in-class sales programme to deliver the best fit for DSV in a challenging set of market conditions.
"We look forward to completing the overall sales programme over the remainder of 2023.”
