RFX Industrial parks to build turnkey light industrial units in SOHAR
Oman-based SOHAR Port and Freezone has signed an agreement with RFX Industrial parks for the development of turnkey, bespoke built-to-lease logistics and light industrial units.
These new logistics units will be developed over a 580,000sqm area within the SOHAR Freezone and will comprise up to 290,000sqm of leasable space.
It will offer various logistics size formats, including box and flex-log while also providing an easy solution of moving to larger units as tenant businesses expand, said SOHAR Port and Freezone CEO Mark Geilenkirchen.
“With several potential investments in the pipeline, SOHAR is committed towards providing tenants with the best high quality services to ensure an unmatched business experience,” he said.
“Our partnership with RFX will see the creation of new and innovative methods to further support existing tenants, as well as encouraging newer ones to set up at the Port and Freezone,” Geilenkirchen added.
The work on Phase One of the project will begin in July and will be available for occupancy by the end of the year.