Dubai: Dubai Investments Park (DIP), wholly-owned by Dubai Investments PJSC, reported on Sunday that the company has leased over 950,000 square feet of warehousing facilities in the first six months of 2014. This corresponds to 10.5 per cent increase in warehousing leases between January and June 2014, compared to the corresponding period last year. Of these, 60 per cent of new leases include readymade facilities for light and medium industries, while 20 per cent were for logistics services and the rest for general storage & warehousing purposes.
In all, 86 new companies took up warehousing facilities in the first half of 2014, with a significant addition to tenants within the industrial and commercial zones.
