Swissport expands footprint with SEGRO
SEGRO has agreed a lease on two newly refurbished units at its air freight cargo facility at Gatwick Airport.
International air cargo handling and aviation services company Swissport has agreed a five-year lease for a combined 62,400 sq ft of warehouse space at the 500,000 sq ft SEGRO Park Gatwick.
Swissport is one of SEGRO’s biggest aviation customers across its on-airport portfolio at Heathrow, Gatwick and Stansted. The leasing has increased the developer’s airport portfolio occupancy rate to 98%.
SEGRO has agreed a lease on two newly refurbished units at its air freight cargo facility at Gatwick Airport.
International air cargo handling and aviation services company Swissport has agreed a five-year lease for a combined 62,400 sq ft of warehouse space at the 500,000 sq ft SEGRO Park Gatwick.
Swissport is one of SEGRO’s biggest aviation customers across its on-airport portfolio at Heathrow, Gatwick and Stansted. The leasing has increased the developer’s airport portfolio occupancy rate to 98%.
Gareth Baker, director, Western Corridor at SEGRO, said: “With airlines embracing long-haul opportunities, we are seeing significant growth in air cargo facilities across our airport portfolio. Air cargo volumes are projected to rise by 5.8% in the next year, highlighting the sector’s robust recovery from the Covid-19 pandemic.”
Joe Bellfield, chief operating officer, cargo UKI at Swissport, added: “With the continued growth in volumes seen within the UK and Ireland, London Gatwick was a logical choice. We believe the long-haul potential of the airport and graphical location blends nicely with the continued expansion of our UK and Ireland cargo business as we grow our physical footprint by 41% in the region.”
