DP World employs excess space at London Gateway’s logistics center
DP World (DPW.DI) secured an agreement with supermarket-operator Lidl UK, that will see the latter operating out of a 187k sqm distribution facility at DP World London Gateway starting February 2017. Lidl will occupy the warehouse areas of the Logistics Centre that became vacant earlier this year, which will enhance distribution to its 640 stores in the UK. (AlBawaba Business) DP World (DU): AED18.28 as of 12 December 2016, Rating: Buy, TP: AED22.00 per share, MCap: USD15,172 mn, DPW DU / DPW.DI
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