The Ƶ’s leading port operator Associated British Ports (ABP) has confirmed a £15m investment to unlock over 40 acres of industrial open storage land across its ports in Cardiff and Newport.
It said the strategic move is in direct response to rising market demand for flexible, high-specification logistics space in South Wales and deliver secure, surfaced, and accessible sites ready for immediate occupation.
Helen Thomas, ABP’s head of property, said:“ABP is more than a port operator, we’re a strategic landowner and commercial landlord with over 2,000 acres of land in Wales, the second largest landowner in Wales and offering unmatched access to South Wales’ industrial heartlands and the M4 corridor.
“We’re proud to be leading the way in open storage. Few other landlords have the capability to invest at this scale and offer their tenants the flexibility we can. This £15m investment programme is about unlocking potential, for our customers, for South Wales, and for the Ƶ supply chain.”
The investment will bring forward four key sites, with the first available in the first quarter of 2026. The sites are: Queens Road South and Longships Road at the Port of Cardiff and Atlantic Terminal and West Way Road at the Port of Newport.
The port operator said the locations are ideal for sectors such as steel, renewables, aggregates, and logistics, and benefit from direct access to its port infrastructure, road and rail links, and on-site security.
Ms Thomas added: “Our sites are in high demand, and that tells us that the market is hungry for quality, well-connected space. This investment marks a significant milestone in ABP’s commitment to supporting South Wales’ industrial and logistics sectors.”
Jeff Gibb, lead property asset manager at ABP, said: “We take pride in working closely with occupiers to flex and expand their space as business needs evolve.
“Over the past 12 months, ABP has helped several tenants relocate, consolidate, and grow within our Welsh portfolio.”
The sites are being marketed for ABP by property advisory firm JLL.
Kate Openshaw, associate, industrial and logistics, for JLL, said: “ABP’s investment represents a significant opportunity for the South Wales industrial and logistics market.
“We’re seeing strong demand for open storage across the Ƶ – it’s emerging as a distinct asset class due to constrained supply and growing occupier requirements for surfaced, secure and accessible open storage land close to major road networks with rail and port access. ABP’s investment in South Wales sets a new benchmark for the sector, offering occupiers a rare combination of scale, readiness, and strategic location with multimodal connectivity.”
