Lease extended at LHR cargo centre

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Aberdeen Standard Investments’ AIPUT fund (Airport Industrial Property Unit Trust) has secured a lease extension to 2030 with Kuehne+Nagel for its Heathrow South Cargo Centre warehouse, at Heathrow airport.

This will have the effect of securing the site’s pivotal role as a nationally important facility for the movement and storage of imported/exported pharmaceuticals and other medical products, such as life science-related IT equipment.

Heathrow South Cargo Centre is one of a number of AIPUT’s locations working to boost the nation’s resilience in the fight against COVID-19. Kuehne+Nagel is an established customer of AIPUT, having operated out of the 208,000 square foot Heathrow South Cargo Centre since 2014.

GlaxoSmithKline is the leading customer of the warehouse facility, which represents a significant share of the UK’s pharmaceutical imports and exports. Kuehne+Nagel is joined at the Heathrow South Cargo centre by Do&Co Catering and GE Aviation.


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