News details

Clarion and DHL to develop Brazilian logistics facilities

Clarion Partners and DHL Supply Chain have announced a joint venture to build three facilities in Sao Paulo, Brazil.

The industrial complex will consist of three buildings totalling 1.4m sq ft and is expected to be completed by 2017 according to Clarion. The company announced that it has initially invested $100m in the new facility.

Jeb Belford, Managing Director at Clarion, said "With a lack of high quality warehouse space in many parts of the country, we believe this provides an excellent opportunity to participate in the continued expansion of this increasingly important market."

DHL has agreed to lease approximately half of the first building when it is completed this summer. It is also expected to lease substantial portions of buildings two and three upon their completion.
Bookmark and Share

Discuss this news item at the Ti Forum on Linkedin

Follow Transport Intelligence on Twitter

Source: Clarion


Click here to purchase the complete Transport Intelligence Logistics Briefing archive, providing access to around 1,500 briefs and over 4,000 news items.



Related Products

Global Freight Forwarding 2014

Global Contract Logistics 2014

Global Transport and Logistics Financial Analysis 2014

Global Express and Small Parcels 2014

Global Healthcare Logistics 2014

Global Chemical Logistics 2013

Global Emerging Markets Logistics 2013

Oil and Gas Exploration and Production Logistics 2013

Global Freight Forwarding 2013

Global Contract Logistics 2013

Asia Pacific Transport & Logistics 2013

Global High Tech Logistics 2012

Global Freight Forwarding 2012

Global Transport & Logistics Financial Ratio Analysis Report 2012

Global Contract Logistics 2012

Follow Us on Twitter