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ASC Cargo Handling expands its presence at the Heathrow Cargo Centre Freight forward service and now occupies circa 65,000 sq ft

wantspacegotspace.co.uk -ASC Cargo Handling expands its presence at the Heathrow Cargo Centre Freight forward service now occupies circa 65,000 sq ftSEGRO and Aviva Investors, through their joint venture agreement, Airport Property Partnership (APP), are pleased to announce that they have leased an additional unit of 26,705 sq ft to ASC Cargo Handling.  The airside unit is on the Sandringham Road, at the Heathrow Cargo Centre.

ASC Cargo Handling has occupied circa 38,100 sq ft at the Heathrow Cargo Centre since 2010.  The Heathrow Cargo Centre is the airport’s primary cargo facility and offers companies which are based there both airside and landside access.  APP is unique in being the only landlord at Heathrow to provide businesses with direct airside access.

ASC Cargo Handling handles a high volume of cargo at Heathrow for a number of  customers.  Its services include door-to-door freight handling and warehousing for a wide variety of cargo intended for either import or export.  The successful expansion of their business operations has now led to them taking this adjoining unit.

The Heathrow Cargo Centre totals 1.2 million sq ft, and other customers located there include DHL, Worldwide Flight Services, Air France, Air Canada and Dnata.

Alan Holland, Director of APP and SEGRO’s Business Unit Director for Greater London, said: “We are very pleased to support the expansion of ASC Cargo Handling and lease this additional space to them.  The Heathrow Cargo Centre is in an excellent location and offers our customers direct airside and landside access.  This latest deal illustrates the continued demand for APP’s strategically well located industrial assets, which remain popular with a wide range of cargo handlers and leading international airlines, as well as postal and parcel distribution companies.”

Rakesh Sharma, General Manager, ASC Cargo Handling, said: “ASC Cargo Handling is a growing company and we have very high aspirations for expanding our market share.  In our three years at Heathrow we have outgrown our original premises and have elected to increase our space commitment at the Cargo Centre in order to meet increasing customer demand.  Sandringham Road provides us with an ideally located base for our operations, and we have been delighted to work closely with the team at SEGRO to meet our expanding requirements.”     

APP is a joint venture formed between SEGRO and Aviva Investors in June 2010; SEGRO is the asset manager, while Aviva Investors is the fund manager.

Posted by The Editor (wantspacegotspace) on 24th June 2013 (updated 01/07/2013)

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