KEZAD, StockSpace, Axione to develop Grade A warehouse

KEZAD Group has signed a 50-year land lease agreement with StockSpace and Axione Development to build an advanced AED 50 million Grade A warehouse in KEZAD Area A (KEZAD Al Ma’mourah), remarked Mansoor Al Marar, VP, Industrial Business Development, KEZAD Group. Spanning 14,200 square metres, the new facility aims to support the region’s growing F&B and fast-moving consumer goods (FMCG) by offering high-quality storage and logistics operations. The project is likely to create 100 jobs, contributing to KEZAD’s efforts to strengthen Abu Dhabi’s industrial and logistics infrastructure.