Saturday, November 23, 2024

ABP contracts JLL to promote its property portfolio

Associated British Ports has signed a strategic agency partnership with Jones Lang LaSalle to help promote the property portfolio across its 21 ports in England, Scotland and Wales.

As part of the partnership, ABP and JLL will raise market awareness of the strategic importance of ports in future-proofing the businesses of occupiers, as ABP continues to invest in acquisitions and regeneration.

Henrik L. Pedersen, ABP CEO, said: “When businesses choose to locate on ABP’s port estate, they are choosing the future. Our ports are at the epicentre of building a greener tomorrow, providing businesses with access to multimodal distribution links, urban skills centres and the ability to plug into a vibrant community of like-minded industry partners, committed to clean growth, decarbonisation and energy generation.”

Melinda Cross, Head of Industrial and Logistics at JLL, added: “This partnership with ABP represents a significant opportunity to bring cutting-edge industrial and logistics spaces to the market. JLL’s extensive network and understanding of occupier needs will help showcase ABP’s diverse portfolio, which offers businesses resilient, future-proof locations and emerging clean energy hubs. This collaboration aligns with our commitment to driving sustainable growth and supporting the evolving needs of modern supply chains.”

ABP is one of the largest commercial landowners in the UK, with a portfolio of 8,600 acres, over 2,400 acres of development land and a rent roll of £130m. ABP’s locations provide development options, including the recently-acquired 227 acre-Stallingborough Interchange at Immingham.

These locations provide the access to major distribution hubs via road, rail and sea. ABP is also leading the way in creating clean growth hubs, offering competitive, sustainable options to help prepare businesses located on port estate for the future.

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