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Delin Property and Markaz Form Joint Venture to Enhance UK Logistics Warehousing

Delin Property and Markaz Form Joint Venture to Enhance UK Logistics Warehousing

The Logistic News by The Logistic News
February 25, 2025
in Business
Reading Time: 1 min read
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Delin Property and Markaz Form Joint Venture to Enhance UK Logistics Warehousing
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Delin Property, a European logistics warehouse specialist, has partnered with Kuwait Financial Centre (Markaz) to pursue value-added opportunities in the logistics sector. Their joint venture’s inaugural project involves acquiring and refurbishing a 200,000-square-foot warehouse in Royal Tunbridge Wells, Kent. This facility, formerly occupied by M&S, is set to undergo extensive renovations to transform it into a Class A distribution center, strategically positioned to serve London and Southeast England. The total investment for this project is approximately £27 million ($34 million), encompassing both the acquisition and refurbishment costs.

Stay informed with The Logistic News for the latest updates in the logistics industry.

#DelinProperty #Markaz #LogisticsWarehousing #JointVenture #UKLogistics

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