Gazeley has secured £120m from occupational deals signed since its takeover by the investment arm of the Dubai Government.

The industrial developer is now recruiting to cope with the growth across Europe, particularly in markets such as Russia, China and Poland.

Gazeley was bought by Economic Zones World earlier this year.

In the UK, the deals include a 486,000 sq ft distribution centre for River Island at Magna Park Milton Keynes; a 920,000 sq ft warehouse for Morrisons at G.Park Sittingbourne; and completing the pre-sale development for Mobis Parts Europe UK at its G.Park Tamworth site.

Patrick McGillycuddy, chief executive of Gazeley, said the deals signalled: 'our continuing growth despite current market conditions. We are looking to continue this growth further and are actively seeking out and hiring the best people to move our business forward into new markets.'