| 25 Aug 2010 |
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German Zufall-Group extends lease agreement with Economic Zones World's Gazeley
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Dubai, United Arab Emirates, August 25, 2010: Gazeley, a subsidiary of Dubai-based Economic Zones WorldEconomic Zones World
and leading provider of sustainable logistics and industrial space announced that Zufall Logistics Group, a German high-quality Forwarding and Logistics Services Company, has signed a 2-year lease extension for their existing warehouse at Fulda, Germany, which was completed in May 2009.Ingo Steves, Country Director Gazeley Germany GmbH said: "We are pleased to support the expansion needs of our customers in a flexible way. The present agreement is another testimony to the high quality and the excellent design of our product."
The long-standing partnership between the two companies started in 2004, when Gazeley delivered a 10,000 square metre shed for Zufall at Erfurt, Thuringia, demonstrating its ability to deliver high-quality buildings within a tight timeframe and to an agreed cost programme. The company went on to build another 10,000 square metre development for Zufall in 2006 at Magna Park Kassel.
Gazeley has also developed two more projects for the Zufall logistics group, comprising a total of 75,000 square metres. The third, a 19,000 square metre warehouse at Fulda, Northern Hesse was completed in May 2009, while the fourth a 36,000 square metre logistics space at G. Park Kandel near Karlsruhe n the South West of Germany.
Gazeley has so far built over 60 million sq ft (5.6 million sq m) of highly efficient, carbon positive logistics and industrial spaces and distribution parks across the world. Apart from Gazeley, Economic Zones WorldEconomic Zones World's portfolio includes Jafza, its flagship free zone, TechnoPark, a research driven business and industrial park, and Dubai Auto Zone.
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Media contact:
Adeti Changulani,
Hasaad Communications,
Email: adeti.changulani@hasaad.ae
Mob: +971 50 429 5576
© Press Release 2010
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