The Future of Physical Operations

Senior Executives at Samsara are forecasting trends in physical operations for next year and beyond.

Philip van der Wilt (pictured), SVP and GM EMEA of Samsara says, “physical operations will continue to be challenged by the uncertainty surrounding fleet electrification and the need to double down on fuel efficiency. Businesses are waking up to the fact that it’s not petrol, diesel or electricity that powers fleets — it’s data.

“Those who have already invested in technology and IoT platforms to manage their fleets are already better off. Fleets that have already invested in connected data platforms are better able to identify which routes, vehicles, and tasks are best suited to the electrification of their fleets.

“They’re also using these same fuel-agnostic systems to identify other technologies that will lead to fleet decarbonisation. It’s now up to the rest of the industry to play catch-up or risk being hit with a double whammy — falling behind on electrification plans while being unable to manage sprawling fuel costs.”

Stephen Franchetti, CIO, Samsara, added: “As the AI explosion continues, an organization’s ability to stay competitive and innovate will come down to their enterprise data strategy. Over the past year and a half, there’s been a significant explosion of ‘ready for prime time’ generative AI, opening opportunities for enterprises to benefit from intelligent automation. There’s no denying that AI will continue to increase efficiency, accuracy, and overall business agility in 2024.

“With this, we’ll start to see an increased need for a robust foundation of reliable and well-governed enterprise data. Utilizing the power of this data is paramount for training precise machine learning models, deriving insightful analytics, and enabling intelligent decision-making. As AI technologies continue to evolve, the quality and accessibility of enterprise data could significantly impact an organization’s ability to assess large datasets in real-time, stay competitive, eliminate bias, and free up more time for innovation.

“Expect to see an increase in vertical use cases for AI and a tight race between incumbents and emerging vendors to solve more nuanced, complex problems for these users.

“There’s already a race for incumbent players to infuse AI into every facet of their platforms. At the same time, we’re seeing several new emerging apps coming onto the scene that are purpose-built for vertical use cases within the business – like Sales, Marketing, Legal, and IT. As AI models become more robust and sophisticated, they will be able to handle the nuanced and complex tasks needed for these vertical teams. This will ultimately enable better integration between systems and processes and lead to improved operational efficiencies, as well as cost savings.

“Amidst emerging threats, increased regulation and data privacy laws, organizations will lean on technology for management and protection. With a global focus on data privacy, organizations must leverage technology to identify and mitigate risks quickly and effectively. In 2024, leaders will invest in AI-driven security to monitor network behavior, detect anomalies, and protect against potential threats – all in real time. This proactive approach will allow organizations to enhance their ability to safeguard data and operations.

“This technology, however, is only effective when coupled with a robust data strategy that leverages a zero-trust model. In the new year, more leaders will adopt this approach, which requires verification at every step of the data access and transfer process, significantly reducing the potential for breaches.”

Finally, Evan Welbourne, Head of AI and Data for Samsara, says, “explainable AI will play a key role in the broader acceptance and trust of AI systems as adoption continues to increase.

“The next frontier in AI for physical operations lies in the synergy between AI, IoT, and real-time insights across a diversity of data. In 2024, we’ll see substantial advancements in predictive maintenance, real-time monitoring, and workflow automation. We may also begin to see multimodal foundation models that combine not just text and images, but equipment diagnostics, sensor data, and other sources from the field. As leaders seek new ways to gain deeper insights into model predictions and modernize their tech stack, I expect organizations to become more interested in explainable AI (XAI).

“XAI is essential for earning trust among AI users – it sheds light on the black-box nature of AI systems by providing deeper insights into model predictions and it will afford users a better understanding of how their AI systems are interacting with their data. Ultimately, this will foster a greater sense of reliability and predictability. In the context of AI Assistants, XAI will reveal more of the decision-making process and empower users to better steer the Assistant toward desired behaviors. In the new year, I anticipate XAI will advance both the functionality of AI Assistant and the trust of AI systems.

“The evolution of generative AI across industries will focus on advancements in domain-specific knowledge and expertise, making specialized talent increasingly competitive.

“The advent of ChatGPT this past year showcased the potency of large language models (LLMs) in understanding and generating human-like text, which has accelerated investments and innovations in generative AI. Moving into 2024, I anticipate a continuous maturation of generative AI technologies, particularly emphasizing domain-specific knowledge and real-time adaptation to evolving scenarios. This convergence of generative AI with domain expertise will facilitate more nuanced and valuable insights, making AI a quintessential partner in decision-making processes across industries.

“With this, the demand for AI and machine learning talent will continue to surge in 2024, as businesses increasingly integrate AI not just into their products, but into their operational frameworks. Apart from foundational skills in machine learning, statistics, and programming, I expect to see an increased demand for expertise in domain-specific AI applications and AI governance.”

Seven Supply Chain Predictions for 2024

Prologis Europe is pleased to release its Seven Supply Chain Predictions for 2024. Prologis Research continues to leverage decades of industry experience and proprietary data, as well as unique insights from its 114-million-square-metre global portfolio and 6,700 customers to provide the following forecasts.

Trend 1: The global freight recession will reverse
Signified by double-digit growth in port and truck traffic, the global freight recession is expected to reverse.

Trend 2: The Great Construction Bust will intensify
The Great Construction Bust will intensify, with global starts hitting their lowest level since the 2008 financial crisis. Construction costs rose by 5-10% during 2023 in most geographies, with an exception in Europe. Set against cap rates expanding globally, with Europe showing an increase of approximately 150bps, reduced development margins have curtailed development starts. In 2023, spec development starts are down more than 50% globally. Investments in manufacturing and infrastructure and a stabilising housing market supported demand for construction materials, buttressing commodity prices. At the same time, labour markets remained tight, adding to cost pressures.

Trend 3: Latin America rents will grow at more than double the global average
Latin America has experienced record demand and this will continue into 2024, especially in Mexico as nearshored manufacturing capacity comes online. However, vacancy rates are below 2% in Mexico and forecasted to remain tight throughout 2024, meaning customers will have to compete for limited space. Supply constraints include access to sufficient power, especially for new manufacturing-related requirements, as well as permitting.

Trend 4: Annual demand in China will reach the second-highest level on record
Net absorption in China will reach the second highest level on record, helping to work through excess supply from the past few years. Fiscal and monetary policy will further ease in 2024, providing demand- and supply-side incentives to emerging technologies, such as new energy vehicles (NEVs) and charging stations, renewable energy and chipmaking capabilities. E-commerce growth, which slowed to 8% y/y through October 2023, will reaccelerate to 10% or more in 2024.

Trend 5: Technology, especially artificial intelligence, will drive up energy requirements in logistics facilities
This will incentivise warehouse owners to double solar capacity. Spending into AI research and development is on a secular rise. At the same time, automation solutions will grow. We expect half of warehouses to utilise autonomous mobile robots in the next decade and 10-20% adoption of automated storage/retrieval systems in the next 10-15 years. Electric vehicle (EV) charging needs are rising. While China leads the deployment of electric trucks, adoption has broadened in Europe. Solar energy is key for sustainable power generation. Costs are economically feasible, and government incentives can fast-track adoption. In addition, supply chain issues are unlikely to continue to restrain solar installations in 2024.

Trend 6: Interest rate declines will double private equity real estate funding in 2024
Our projections take the bull case on interest rate cuts. Institutional dry powder is waiting on the sidelines, and interest rate declines in the second half of the year will unlock entry into the market as the capital markets cycle begins to turn.

Trend 7: Cap rate movements will reverse
Cap rate movements will reverse — and European cap rates expected to compress while expansion rotates to Asia. Per prediction #6 above, cost of capital is expected to decline in Europe.

Conclusion:
These predictions are based on insights from our unique platform, and we’ll revisit them at year-end. Our outlook highlights 2024 as a year of healthy demand growth, constrained supply, technological evolution of logistics facilities and a turning of the capital markets cycle.

Seven Supply Chain Predictions for 2024

Prologis Europe is pleased to release its Seven Supply Chain Predictions for 2024. Prologis Research continues to leverage decades of industry experience and proprietary data, as well as unique insights from its 114-million-square-metre global portfolio and 6,700 customers to provide the following forecasts.

Trend 1: The global freight recession will reverse
Signified by double-digit growth in port and truck traffic, the global freight recession is expected to reverse.

Trend 2: The Great Construction Bust will intensify
The Great Construction Bust will intensify, with global starts hitting their lowest level since the 2008 financial crisis. Construction costs rose by 5-10% during 2023 in most geographies, with an exception in Europe. Set against cap rates expanding globally, with Europe showing an increase of approximately 150bps, reduced development margins have curtailed development starts. In 2023, spec development starts are down more than 50% globally. Investments in manufacturing and infrastructure and a stabilising housing market supported demand for construction materials, buttressing commodity prices. At the same time, labour markets remained tight, adding to cost pressures.

Trend 3: Latin America rents will grow at more than double the global average
Latin America has experienced record demand and this will continue into 2024, especially in Mexico as nearshored manufacturing capacity comes online. However, vacancy rates are below 2% in Mexico and forecasted to remain tight throughout 2024, meaning customers will have to compete for limited space. Supply constraints include access to sufficient power, especially for new manufacturing-related requirements, as well as permitting.

Trend 4: Annual demand in China will reach the second-highest level on record
Net absorption in China will reach the second highest level on record, helping to work through excess supply from the past few years. Fiscal and monetary policy will further ease in 2024, providing demand- and supply-side incentives to emerging technologies, such as new energy vehicles (NEVs) and charging stations, renewable energy and chipmaking capabilities. E-commerce growth, which slowed to 8% y/y through October 2023, will reaccelerate to 10% or more in 2024.

Trend 5: Technology, especially artificial intelligence, will drive up energy requirements in logistics facilities
This will incentivise warehouse owners to double solar capacity. Spending into AI research and development is on a secular rise. At the same time, automation solutions will grow. We expect half of warehouses to utilise autonomous mobile robots in the next decade and 10-20% adoption of automated storage/retrieval systems in the next 10-15 years. Electric vehicle (EV) charging needs are rising. While China leads the deployment of electric trucks, adoption has broadened in Europe. Solar energy is key for sustainable power generation. Costs are economically feasible, and government incentives can fast-track adoption. In addition, supply chain issues are unlikely to continue to restrain solar installations in 2024.

Trend 6: Interest rate declines will double private equity real estate funding in 2024
Our projections take the bull case on interest rate cuts. Institutional dry powder is waiting on the sidelines, and interest rate declines in the second half of the year will unlock entry into the market as the capital markets cycle begins to turn.

Trend 7: Cap rate movements will reverse
Cap rate movements will reverse — and European cap rates expected to compress while expansion rotates to Asia. Per prediction #6 above, cost of capital is expected to decline in Europe.

Conclusion:
These predictions are based on insights from our unique platform, and we’ll revisit them at year-end. Our outlook highlights 2024 as a year of healthy demand growth, constrained supply, technological evolution of logistics facilities and a turning of the capital markets cycle.

Exoskeletons Used by Port Employees

Logistics and cargo handling activities carried out in the port environment are largely managed manually by workers in order to ensure the required operational standards. With the aim of making their employees’ tasks easier, more efficient and ergonomic, the Autorità di Sistema Portuale del Mar Tirreno Settentrionale (Port System Authority of the Northern Tyrrhenian Sea, AdSP MTS) and the Compagnia Portuale di Livorno (Livorno Port Company, CPL), together with IUVO, a spin-off company of the Scuola Superiore Sant’Anna (Pisa), and Comau have conducted a pilot study – among the first carried out in Europe and in the world – for the adoption of wearable MATE-XT and MATE-XB exoskeletons designed by the 2 companies. MATE-XT helps to reduce the muscle load of the upper limbs during static or repetitive activities, which require workers to keep their arms raised for extended periods of time, while MATE-XB relieves the muscle effort of the lumbar area when handling loads.

The field tests conducted by IUVO and Comau, in collaboration with the port institutions, were carried out over a period of 6 months with 12 workers employed in the port area of Livorno who wore MATE exoskeletons during their daily work. During this period, the positive effects obtained at both a physical and operational level were measured and validated.

Manual, non-automatable activities such as loading-unloading goods, moving heavy loads along the dock, lashing or unlashing containers on board ships can be extremely tiring for the operators. The support of wearable exoskeletons, such as MATE-XT and MATE-XB, helps reduce physical stress and the risk of triggering potentially disabling musculoskeletal diseases over time. To confirm this, in the initial phase of the project, IUVO and Comau conducted accurate instrumental measurements on the muscle activity of the workers. These same workers were asked, through the compilation of dedicated questionnaires, to directly assess the sensation of fatigue perceived with the use of MATE exoskeletons. The end results have been impressive. Not only did the operators warmly embrace these new technologies, they have recognized the positive impact the exoskeletons can have on their activities and performance. In line with data previously collected and verified by IUVO and Comau, together with companies that have been using this technology for several years, it has been shown that the MATE-XT upper limb exoskeleton and the MATE-XB lumbar device can reduce the effort of operators by up to 30%.

The pilot study and the positive results achieved testify to the commitment of the AdSP MTS and the CPL in promoting the health and well-being of port operators, as well as in experimenting with cutting-edge technologies capable of making the working environment safer and more comfortable.

Duilio Amico, CEO of IUVO and Head of Wearable Technologies at Comau, explained “The study conducted together with important institutions such as AdSP MTS and CPL is one of the first in Europe and in the world that aims to evaluate the effect of exoskeleton technologies for the improvement of ergonomics and safety of workers in the port system. This project confirms IUVO and Comau’s commitment to creating an ecosystem for the development and adoption of wearable robotics technologies that promote the well-being of workers.”

Nicola Vitiello, full professor at the Scuola Superiore Sant’Anna and co-founder of IUVO, underscored, “The pilot study launched in Livorno’s sea port was an important opportunity to continue testing and perfecting the wearable robotics solutions developed with Comau directly in the field, in new applications and sectors. The benefits and enthusiasm experienced by those who wear MATE exoskeletons to carry out their tasks are further confirmation of how this innovative technology can be successfully applied in different areas in the future, significantly reducing physical fatigue and improving people’s quality of life.”

Luciano Guerrieri, President of the Autorità di Sistema Portuale del Mar Tirreno Settentrionale, said, “Safety and the protection of workers’ health are fundamental for our institution. The constant attention to these aspects, combined with openness and interest in innovation, has allowed us to be one of the first port systems in the world to test these cutting-edge technologies, with the aim of reaffirming and improving our commitment to the safety and well-being of our employees.”

Enzo Raugei, Chairman of the Compagnia Portuale di Livorno, added, “The well-being of our workers is central to the Company. We are thrilled to have been at the forefront of implementing innovative technologies in our industry and to have been the first to understand their use in the port business. The safety and well-being of our members and employees is a top priority for our cooperative, and this initiative demonstrates our continued commitment to ensuring it.”

Exoskeletons Used by Port Employees

Logistics and cargo handling activities carried out in the port environment are largely managed manually by workers in order to ensure the required operational standards. With the aim of making their employees’ tasks easier, more efficient and ergonomic, the Autorità di Sistema Portuale del Mar Tirreno Settentrionale (Port System Authority of the Northern Tyrrhenian Sea, AdSP MTS) and the Compagnia Portuale di Livorno (Livorno Port Company, CPL), together with IUVO, a spin-off company of the Scuola Superiore Sant’Anna (Pisa), and Comau have conducted a pilot study – among the first carried out in Europe and in the world – for the adoption of wearable MATE-XT and MATE-XB exoskeletons designed by the 2 companies. MATE-XT helps to reduce the muscle load of the upper limbs during static or repetitive activities, which require workers to keep their arms raised for extended periods of time, while MATE-XB relieves the muscle effort of the lumbar area when handling loads.

The field tests conducted by IUVO and Comau, in collaboration with the port institutions, were carried out over a period of 6 months with 12 workers employed in the port area of Livorno who wore MATE exoskeletons during their daily work. During this period, the positive effects obtained at both a physical and operational level were measured and validated.

Manual, non-automatable activities such as loading-unloading goods, moving heavy loads along the dock, lashing or unlashing containers on board ships can be extremely tiring for the operators. The support of wearable exoskeletons, such as MATE-XT and MATE-XB, helps reduce physical stress and the risk of triggering potentially disabling musculoskeletal diseases over time. To confirm this, in the initial phase of the project, IUVO and Comau conducted accurate instrumental measurements on the muscle activity of the workers. These same workers were asked, through the compilation of dedicated questionnaires, to directly assess the sensation of fatigue perceived with the use of MATE exoskeletons. The end results have been impressive. Not only did the operators warmly embrace these new technologies, they have recognized the positive impact the exoskeletons can have on their activities and performance. In line with data previously collected and verified by IUVO and Comau, together with companies that have been using this technology for several years, it has been shown that the MATE-XT upper limb exoskeleton and the MATE-XB lumbar device can reduce the effort of operators by up to 30%.

The pilot study and the positive results achieved testify to the commitment of the AdSP MTS and the CPL in promoting the health and well-being of port operators, as well as in experimenting with cutting-edge technologies capable of making the working environment safer and more comfortable.

Duilio Amico, CEO of IUVO and Head of Wearable Technologies at Comau, explained “The study conducted together with important institutions such as AdSP MTS and CPL is one of the first in Europe and in the world that aims to evaluate the effect of exoskeleton technologies for the improvement of ergonomics and safety of workers in the port system. This project confirms IUVO and Comau’s commitment to creating an ecosystem for the development and adoption of wearable robotics technologies that promote the well-being of workers.”

Nicola Vitiello, full professor at the Scuola Superiore Sant’Anna and co-founder of IUVO, underscored, “The pilot study launched in Livorno’s sea port was an important opportunity to continue testing and perfecting the wearable robotics solutions developed with Comau directly in the field, in new applications and sectors. The benefits and enthusiasm experienced by those who wear MATE exoskeletons to carry out their tasks are further confirmation of how this innovative technology can be successfully applied in different areas in the future, significantly reducing physical fatigue and improving people’s quality of life.”

Luciano Guerrieri, President of the Autorità di Sistema Portuale del Mar Tirreno Settentrionale, said, “Safety and the protection of workers’ health are fundamental for our institution. The constant attention to these aspects, combined with openness and interest in innovation, has allowed us to be one of the first port systems in the world to test these cutting-edge technologies, with the aim of reaffirming and improving our commitment to the safety and well-being of our employees.”

Enzo Raugei, Chairman of the Compagnia Portuale di Livorno, added, “The well-being of our workers is central to the Company. We are thrilled to have been at the forefront of implementing innovative technologies in our industry and to have been the first to understand their use in the port business. The safety and well-being of our members and employees is a top priority for our cooperative, and this initiative demonstrates our continued commitment to ensuring it.”

EV Supply Chain Transforms Air Charter

Aircraft charter specialist, Air Charter Service, has said that since the start of 2020 it has seen a much more diverse spread of airports used in the supply chain for automotive charters, with the rise of the electric vehicle resulting in the company arranging charters from or to more than 100 new airports.

Dan Morgan-Evans (pictured), Group Cargo Director at ACS, commented: “Purchases of electric vehicles have more than doubled in the past two years and production has obviously been ramped up to cope with this fresh demand. The EV market has not only led to major manufacturers opening up new plants specifically for EVs, but also a huge amount of new suppliers in locations that we previously haven’t flown from, so we are seeing a large number of new destinations popping up for our just-in-time automotive charters.

“In a normal year, we would arrange charter flights to around 350-400 airports for automotive charters, including many familiar destinations, multiple times. But, since 2020, when EV production really started to step up, our charters have flown from and into more than 100 new airports, that weren’t even on the map for traditional car manufacturers beforehand. To put that into perspective, that figure of new airports is higher than the entire destination network of major airlines such as Air India, SouthWest Airlines and China Airlines.”

Air Charter Service is a global aircraft charter broker with 33 offices worldwide, spanning all six major continents and offers private jet, commercial airliner and cargo aircraft charters, as well as onboard courier solutions. ACS arranges over 28,000 charter flights annually with revenue of more than 1.3 billion dollars in 2022.

EV Supply Chain Transforms Air Charter

Aircraft charter specialist, Air Charter Service, has said that since the start of 2020 it has seen a much more diverse spread of airports used in the supply chain for automotive charters, with the rise of the electric vehicle resulting in the company arranging charters from or to more than 100 new airports.

Dan Morgan-Evans (pictured), Group Cargo Director at ACS, commented: “Purchases of electric vehicles have more than doubled in the past two years and production has obviously been ramped up to cope with this fresh demand. The EV market has not only led to major manufacturers opening up new plants specifically for EVs, but also a huge amount of new suppliers in locations that we previously haven’t flown from, so we are seeing a large number of new destinations popping up for our just-in-time automotive charters.

“In a normal year, we would arrange charter flights to around 350-400 airports for automotive charters, including many familiar destinations, multiple times. But, since 2020, when EV production really started to step up, our charters have flown from and into more than 100 new airports, that weren’t even on the map for traditional car manufacturers beforehand. To put that into perspective, that figure of new airports is higher than the entire destination network of major airlines such as Air India, SouthWest Airlines and China Airlines.”

Air Charter Service is a global aircraft charter broker with 33 offices worldwide, spanning all six major continents and offers private jet, commercial airliner and cargo aircraft charters, as well as onboard courier solutions. ACS arranges over 28,000 charter flights annually with revenue of more than 1.3 billion dollars in 2022.

Sustainable Gatwick Airport Warehouse

St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has completed the construction of a second warehouse at St. Modwen Park Gatwick for DHL Group. The company, which has been a tenant at the park since 2011 and already occupies a 64,000 sq ft unit, has signed a 15-year lease for the new facility.

The c.115,000 sq ft warehouse is set to achieve a BREEAM ‘Excellent’ rating and is EPC A+ rated, achieving the highest possible level of energy efficiency. The warehouse’s green credentials also include the installation of 1,900 sqm of PV panels on the roof to generate renewable energy needed to power the building’s 12,000 sq ft of Grade A office space and ensure it is net-zero carbon in operation.

Active and sustainable travel will be encouraged at the park with 28 EV charging spaces installed as well as the inclusion of cycle bays and shower and changing facilities. The landscaped site includes hedgerows and plants, which will result in a biodiversity net gain of 39%, as well as new amenity areas for both local communities and DHL Group staff, including a trim trail, cycle path and outdoor gym equipment.

Situated just 3km from Gatwick airport, alongside Junction 10 of the M23, St. Modwen Park Gatwick provides excellent links to central London. This location is beneficial to companies looking to be close to Gatwick Airport as well as to the main motorway routes into central London. DTRE and BNP Paribas are the retained leasing agents for St. Modwen Park Gatwick.

Ellen Thomas, Senior Development Manager at St. Modwen Logistics, commented: “We are proud to announce the completion of our new, sustainable warehouse at St. Modwen Park Gatwick for DHL Group. This is a state-of-the-art warehouse facility that will support up to 150 jobs, helping to sustain a thriving local economy. This is DHL Group’s second development on the site, underlining how we are working in partnership with our customers to deliver the high-quality, bespoke spaces they need to succeed.”

Jake Huntley, Partner at DTRE, commented: “We are observing more occupiers focusing on energy efficient accommodation and we are proud to have been able to offer St. Modwen Park Gatwick to environmentally conscious customers. The success of the scheme is testament to St. Modwen’s ability to deliver critical logistics infrastructure to the highest standards.”

Sustainable Gatwick Airport Warehouse

St. Modwen Logistics, one of the UK’s leading logistics developers and managers, has completed the construction of a second warehouse at St. Modwen Park Gatwick for DHL Group. The company, which has been a tenant at the park since 2011 and already occupies a 64,000 sq ft unit, has signed a 15-year lease for the new facility.

The c.115,000 sq ft warehouse is set to achieve a BREEAM ‘Excellent’ rating and is EPC A+ rated, achieving the highest possible level of energy efficiency. The warehouse’s green credentials also include the installation of 1,900 sqm of PV panels on the roof to generate renewable energy needed to power the building’s 12,000 sq ft of Grade A office space and ensure it is net-zero carbon in operation.

Active and sustainable travel will be encouraged at the park with 28 EV charging spaces installed as well as the inclusion of cycle bays and shower and changing facilities. The landscaped site includes hedgerows and plants, which will result in a biodiversity net gain of 39%, as well as new amenity areas for both local communities and DHL Group staff, including a trim trail, cycle path and outdoor gym equipment.

Situated just 3km from Gatwick airport, alongside Junction 10 of the M23, St. Modwen Park Gatwick provides excellent links to central London. This location is beneficial to companies looking to be close to Gatwick Airport as well as to the main motorway routes into central London. DTRE and BNP Paribas are the retained leasing agents for St. Modwen Park Gatwick.

Ellen Thomas, Senior Development Manager at St. Modwen Logistics, commented: “We are proud to announce the completion of our new, sustainable warehouse at St. Modwen Park Gatwick for DHL Group. This is a state-of-the-art warehouse facility that will support up to 150 jobs, helping to sustain a thriving local economy. This is DHL Group’s second development on the site, underlining how we are working in partnership with our customers to deliver the high-quality, bespoke spaces they need to succeed.”

Jake Huntley, Partner at DTRE, commented: “We are observing more occupiers focusing on energy efficient accommodation and we are proud to have been able to offer St. Modwen Park Gatwick to environmentally conscious customers. The success of the scheme is testament to St. Modwen’s ability to deliver critical logistics infrastructure to the highest standards.”

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