London Gateway welcomes second major tenant since becoming a freeport

Information management services provider OASIS Group has become the second business to move to DP World’s port-centric logistics park at London Gateway since it became a freeport.

The nine million ft² site 28 miles from central London continues to attract major investment, and this month, OASIS took a 108,973 ft² warehouse after the financial incentives offered by locating at Thames Freeport attracted the company. The incentives include no stamp duty on commercial leases and land transactions, savings on employer national insurance contributions, a five year holiday on company rates, and a regime of enhanced capital allowances.

Over the last 10 years, DP World has invested £2 billion in the UK. Over the next 10 years the company has promised a further £1 billion of investment.

Oliver Treneman, Park Development Director at DP World in the UK said: “I am delighted that OASIS Group has become part of our fast growing logistics hub at LondonGateway, which is a central pillar of Thames Freeport. Being the largest privately owned records and information management provider in Europe, [its]arrival is another endorsement of our location and the importance of proximity to London as a key driver to sustainability-minded customers.”

Kerry Blinston, Managing Director UK & Ireland at OASIS Group added: “LondonGateway has strategic road access to London and the M25, giving OASIS the ability to service our clients across the South East region using our electric fleet of vehicles. We are delighted to support OASIS and our clients’ shared sustainability efforts with these high-quality facilities.”

Source: logisticsmanager.com