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Aldar Properties and DP World have signed a strategic agreement where Aldar will fund and develop a 1.55 million sqft (144,000 sqm) Grade A logistics park at National Industries Park (NIP) in Jebel Ali, Dubai. This partnership will provide Aldar access to develop and lease assets within NIP, strategically positioned near Jebel Ali Port and Al Maktoum International Airport, and well-connected to major road networks such as the E11 and E311. Construction of the new logistics park will begin in Q4 2024, with the first tenants set to be welcomed in Q4 2025. Aldar Properties and DP World have signed a strategic agreement where Aldar will fund and develop a 1.55 million sqft (144,000 sqm) Grade A logistics park at National Industries Park (NIP) in Jebel Ali, Dubai. This partnership will provide Aldar access to develop and lease assets within NIP, strategically positioned near Jebel Ali Port and Al Maktoum International Airport, and well-connected to major road networks such as the E11 and E311. Construction of the new logistics park will begin in Q4 2024, with the first tenants set to be welcomed in Q4 2025. |
