Patrizia's latest coup aims at Maasvlakte 
Patrizia, a German investor in global real assets, is acquiring a 233,000 sqm distribution centre from Dutch logistics developer DHG. Valued at EUR 230 million, the facility is located in the container hub Smartlog Maasvlakte in Rotterdam. The acquisition, which - according... more
New locations in Mainland China
Logistics services provider Rhenus has extended its presence in China by establishing a new branch in Zhuhai. The city is home to China's second-largest port and has been playing a major role in China's belt and road initiative since the Guangdong Pilot Free Trade Zone (GPFTZ)... more
Big retailer opens another hub in UK
Asos, an online retailer for fashion and textiles, currently operates fulfilment centres in Barnsley UK), Berlin (Germany) and Atlanta (GA, USA). A further distribution centre built by GMI has now come on stream at Fradley Park in Lichfield, UK. The 133,000 sqm facility is a... more
Ground breaking for Group 7's fifth site
The managers of the Munich-based freight forwarding company Group 7, members of the construction management and representatives of the general contractor have broken ground for a new logistics centre in Hamburg. After the hubs in Frankfurt, Munich-Parsdorf, at Munich... more
Shanghai warehouse for Nippon Express
Nippon Express has opened a new export warehouse in the Yangshan region of China. The new facility is situated 20 km from Donghai Bridge and 50 km from Yangshan Terminal. The warehouse, which handles mainly automobile parts, has a low-floor, double-ended access configuration... more
A partnership in Egypt extended
Alberto Musso, the president of the Tarros Group, recently visited the group’s Med Egypt new Egyptian headquarters. Since April 2018, Med Egypt has been Tarros’ official local agent in Egypt. The main office is located in Alexandria, with branch offices in Cairo and Port... more
Second warehouse at Bournemouth Airport
Transport and logistics firm Shears has put its new transport facility into operation. The hub is located in Bournemouth Airport’s Aviation Business Park, just a few hundred metres from the company’s existing premises. The 6,500 sqm warehouse, which has recently been fully... more
Start-up expands in Asia
The Singapore-based startup Pickupp raised USD 37 million in its series B funding round, closing its third fundraise in 13 months. The main investor was Jardine Matheson, a diversified Asian-based group with a broad portfolio of market-leading businesses. Other investors... more
Container logistics' prospects for 2022
A recently published report throws light on the strategies the logistics industry is likely to develop next year. The company Container X Change's "industry speak survey 2021-22" combines key learnings from 2021 and outlook for 2022 from 800 container logistics players... more
New site for Imperial's client Lemken
South African player Imperial Logistics has inaugurated a new multi-user logistics facility in Gelsenkirchen, Germany. It forms a network with the company’s existing multi-user business site in Herten, at a distance of about 8 km. Patrick König will be in overall charge for... more