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2009 |
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The Board of SEGRO announces that it had reached agreement with the Board of Brixton on the financial terms of a recommended offer for the entire issued and to be issued share capital of Brixton.
SEGRO successfully completed a 12 for 1 fully-underwritten Rights Issue of 5,240,650,704 shares, raising net proceeds of £500 million.
SEGRO signs agreements with syndicate banks and bilateral lenders to permanently increase the maximum gearing covenant in these facilities from 125% to 160%.
SEGRO announces the completion of a major deal to lease our LHR1 logistics distribution unit near Heathrow Airport to Geodis Wilson UK Ltd.This is the single largest letting in the Heathrow area in over two years. The Heathrow area is extremely competitive and this deal reflects the excellent location and quality of building that SEGRO was able to offer Geodis.
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2008 |
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SEGRO secures major letting deal with Fluor Ltd for 210,000 sq ft pre-let to build their new UK headquarters at IQ Farnborough.
SEGRO wins Property Marketing Awards 2008, Industrial and Distribution Award for Heywood Distribution Park.
SEGRO wins Property Marketing Awards 2008, Corporate Marketing Award.
SEGRO wins Property Awards 2008, International Property Achievement Award.
The Bath Road Retail Park in Slough, located within the south-west corner of SEGRO’s Slough Trading Estate, is sold to The Crown Estate for £92m.
SEGRO wins Industrial Developer of the Year at the 2008 EG awards.
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2007 |
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A partnership agreement is signed with the Berlin Airport Authorities to develop a business and 230,000 sq m logistics park on a 38-hectare land site next to the planned Berlin Brandenburg International Airport terminal in Schönefeld
In Germany, the €113m sale and leaseback agreement with MPM (Mannesmann Plastics Machinery) on three industrial sites at Munich, Nuremberg and Hanover, marks SEGRO's first move into the target market of Munich.
Slough Heat & Power, the power generation operation based on the Slough Trading Estate, is sold to Scottish and Southern Energy plc, one of the largest energy companies in the UK
A significant push into Italy begins with the acquisition of a 70,689 sq m business park in Vimercate, north-east Milan for €84.5m.
The $2.9bn disposal of SEGRO's US property business completes a major strategic repositioning that began in 2004, transforming the Company into an investor and developer of Flexible Business Space across Europe.
Expansion of the cluster of properties around Heathrow Airport continues with the acquisition of the Airlinks Trading Estate in Heston for £31m.
SEGRO's largest ever transaction in Continental Europe, the sale and leaseback from Neckermann.de (a KarstadtQuelle group company) of a major office and distribution campus in Frankfurt, for €197m.
Slough Estates introduces its new name and corporate identity, SEGRO, which receives shareholder approval on May 22
The Company becomes a UK-REIT (Real Estate Investment Trust) with effect from 1 January 2007.
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2006 |
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A portfolio of logistics and light industrial properties are acquired from Antalis in a pan-European sale and leaseback agreement that encompasses 177,120 sq m of space and 41 hectares of land, and allows Slough Estates to enter new markets in Spain and Italy.
The Treforest Industrial Estate in Cardiff, Wales is acquired. The addition of this 53-hectare estate to the Company's portfolio means that Slough Estates now owns six of the ten largest industrial estates in the UK.
Slough Estates' acquisition of Grontmij Real Estate International’s developments moves the Company into distribution-related developments in Hungary, Poland and the Czech Republic.
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2005 |
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A sale & leaseback is agreed with KarstadtQuelle AG on its extensive, non-retail portfolio, providing 296,000 sq m of business space and more than 38 hectares of development land throughout Germany.
A sale & leaseback is agreed with Alstom Power (part of the French industrial group, Alstom) on its 11-hectare headquarters site in La Courneuve, Ile de France, Paris.
Slough Mainland, a joint venture between Slough Estates and Mainland, a Netherlands-based developer, is established, with developments based in the Schipol area.
The Woodside Industrial Estate in Dunstable and Heywood Distribution Park in Manchester are acquired. The sites are two of the UK's largest industrial parks and, together, contain 381,000 sq m of industrial property and more than 16 hectares of development land.
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2004 |
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In a portfolio swap, Slough Estates exchanges the majority of its retail developments with Land Securities in return for its industrial developments.
In the UK, the Company enters into the joint venture HelioSlough with the specialist distribution development company Helios Properties. |
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1999 |
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Slough Estate acquires Percy Bilton plc with its extensive UK industrial portfolio. |
1986 |
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Bredero Properties is acquired and, with it, a portfolio which includes the Centre West office development at Hammersmith and 50 per cent of the Buchanan Galleries retail development in Glasgow. |
1985 |
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Slough Estates acquires Helmlace whose portfolio includes development sites at Winnersh Triangle near Reading, Basingstoke and in the City of London. |
1984 |
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Slough Estates merges with Allnatt London Properties plc and Guildhall Properties plc, which have portfolios concentrated in West London. |
1974 |
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Slough Estates undertakes its first developments in Germany in Cologne and Hanover. |
1973 |
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In partnership with Draper and Kramer, Slough Estates expands into the USA, with developments in Chicago and later Fort Lauderdale and San Diego in California. |
1972 |
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The Company undertakes its first developments in France in Colombes and Bures Orsay near Paris. |
1962 |
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Slough Estates moves into Belgium with the acquisition of a site at St. Niklaas. |
1950 |
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Slough Estates Canada Ltd is incorporated. Its first acquisition is in Ajax, Toronto and it subsequently expands into Montreal and Vancouver. |
1949 |
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Slough Estates Australia Pty Ltd acquires over 600 hectares of land to the west of Melbourne and subsequently expands into Sydney. |
1948 |
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The Slough Industrial Health Service is set up to provide occupational health support to the 16,000 employees in the Slough area. It continues today as Corporate Health. |
1937 |
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The Slough Community Centre is opened to provide recreational facilities and to foster social, educational and cultural interests. Today the Community Centre is run by Slough Borough Council. |
1931 |
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The Company acquires its second estate, the 22-hectare Kings Norton Metal Works. The estate, which lies five miles south of Birmingham city centre, is now known as Kings Norton Business Centre. |
1926 |
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The Company changes its name to Slough Estates Ltd to reflect the changing direction of the business. |
1921 |
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The Slough Trading Company Ltd, a syndicate of businessmen led by Sir Percival Perry (later Lord Perry) and Noel Mobbs (later Sir Noel Mobbs), acquires the 243-hectare site on the Bath Road at Slough together with 170,000 sq m of workshops and all the World War I vehicles parked there and abroad, together with those which became surplus to the UK Government's requirements over the next two years. |