Gazeley expands warehouse building in China

Gazeley Ltd, a leading European logistics space developer owned by Wal-Mart, on Tuesday announced the construction of the second-phase project of its logistics distribution center located in Tianjin will start within this month in a bid to compete with its big rival Prologis for larger shares in China market.

The second-phase project, which is expected to be finished in the first half of next year, will provide customized high-quality warehousing space for clients with area ranging from 6000 to 76,000 sq m.

To date, a group of firms have expressed great interest in the project, including retailers, auto manufacturers, telecom terminal makers, distribution service suppliers, etc. said the company.

Gazeley's four distribution centers located in Kunshan, Nanjing, Jiaxing and Tianjin are now under construction as part of its target to develop more than 100,000 sq m this year. Moreover, it plans to expand its portfolio to cities such as Shanghai, Guangzhou, Chengdu, Beijing to consolidate its market position in North China as well as in Pearl River Delta and western regions.