ProLogis developing distribution center in Dubai

ProLogis developing distribution center in Dubai Warehouse developer ProLogis said it will build a 798,000-square-foot facility in Dubai for Aramex, ProLogis' first in the Middle East.
   Aramex’s new facility is being developed in Dubai Logistics City (DLC), a new logistics hub located less than 20 minutes from the Port of Jebel Ali, the world’s seventh-largest container port, and the future Dubai World Central International Airport.
   Construction on the distribution center has already commenced and is scheduled for completion in the second half of 2008.
   Aramex provides third-party logistics in the region.
   Joseph Ghazal, senior vice president for ProLogis, said the company expects “to grow our business by securing build-to-suit and fee development agreements with leading companies, many of which are multinational, and through strategic land transactions in key markets throughout the UAE.”