UAE’s Lootah completes W10 warehouses project in Dubai Investment Park
UAE-based Lootah Real Estate Development has completed its latest project, the W10 Warehouses, part of Senaeyat‘, a pre-built modern industrial manufacturing development in Dubai Investment Park.
The W10 Warehouses will feature a series of distribution centres, which include 24/7 maintenance and security systems, sufficient loading and unloading spaces and wide parking areas.
Lootah Real Estate said the warehouses, which are spread over a total area of 54,836 sq ft, offer 10 individual warehouse units ranging from 4,425 to 6,027 sq ft in size, with an internal height of 25 ft.
"We recognise the growing demand for working spaces, and we at Lootah Real-Estate Development aim to accommodate these requirements and provide cost-effective options for businesses without compromising excellence," said Executive Director Saleh Abdullah Lootah.
Earlier this year Lootah Real Estate Development signed a long term agreement with Dubai Industrial Park, one of the largest industrial hubs in the region and a member of Tecom Group, to establish ‘Senaeyat‘, a pre-built modern industrial manufacturing development in the Park.
"This agreement with Dubai Industrial Park signifies an important step of Lootah Real Estate Development in entering the industrial market segment," said Lootah.
"With a strategically located and fully integrated destination such as Dubai Industrial Park, our developments will meet the growing demands for quality industrial units and support the Dubai Industrial Strategy 2030," he added.