Executive Briefings

New Air Cargo Facility Opens at Glasgow Airport

UK fund manager Scottish Widows Investment Partnership's Airport Industrial Property Unit Trust (AIPUT), a specialist owner and manager of airport-related and industrial warehouses, is launching a logistics unit at its Air Cargo Centre.

New Air Cargo Facility Opens at Glasgow Airport

The Hub, located next to Glasgow International Airport, comprises 4,000 square meters (43,000 square feet) with its own detached and secure yard and will be available for occupation beginning January 2014.

"Secure detached units of this size and quality are a rarity in core locations in Glasgow, and we believe there will be strong market interest for this warehouse space," Nick Smith, fund manager for AIPUT within SWIP's real estate team, said. "Our HQ facility, with its strong prominence and profile, provides excellent flexibility given its size, configuration and office content. A dedicated self-contained yard with staff parking gives this facility additional security and operational efficiencies, whilst The Hub also benefits from a range of warehouse access via four dock level and four floor level loading doors."

The Air Cargo Centre is a strategic asset for AIPUT and provides 13,935 square meters (150,000 square feet) of warehousing space to the aviation and cargo community.

Existing occupiers in close vicinity of The Hub include DHL, Expeditors International, UTi Worldwide and British Airways.

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The Hub, located next to Glasgow International Airport, comprises 4,000 square meters (43,000 square feet) with its own detached and secure yard and will be available for occupation beginning January 2014.

"Secure detached units of this size and quality are a rarity in core locations in Glasgow, and we believe there will be strong market interest for this warehouse space," Nick Smith, fund manager for AIPUT within SWIP's real estate team, said. "Our HQ facility, with its strong prominence and profile, provides excellent flexibility given its size, configuration and office content. A dedicated self-contained yard with staff parking gives this facility additional security and operational efficiencies, whilst The Hub also benefits from a range of warehouse access via four dock level and four floor level loading doors."

The Air Cargo Centre is a strategic asset for AIPUT and provides 13,935 square meters (150,000 square feet) of warehousing space to the aviation and cargo community.

Existing occupiers in close vicinity of The Hub include DHL, Expeditors International, UTi Worldwide and British Airways.

Read Full Article

New Air Cargo Facility Opens at Glasgow Airport