SEGRO secures trio of lettings at Slough Trading Estate
China-based global logistics company to establish its first UK distribution centre at the Estate. Arrival of new company and expansion of existing customers grows occupancy level at the Estate to 97%
A Chinese logistics company has chosen the Slough Trading Estate as the location for its first UK headquarters. In addition, two existing customers have expanded their presence on the Estate, helping grow the overall occupancy to 97%, representing a record level.
ECMS, a China-based international cross-border e-commerce and logistics company, has agreed a five year lease for 9,360 sq ft of space to open its first UK distribution centre, and its second European location, after the Netherlands.
The company has a global network which covers China, Japan, Korea, Singapore, Malaysia, the USA and Europe, with the Slough Trading Estate’s close proximity to Heathrow cited as a key factor in determining the location of its first UK base.
On-line kitchenware company Eleven Zero has agreed a five year lease which will more than double their presence on the Slough Trading Estate. Since establishing their business on the Estate in February 2017, the company has enjoyed considerable growth, facilitated by SEGRO.
Smiths News, the UK's leading newspaper and magazine wholesaler, is a long standing occupier of Slough Trading Estate. The company, which is owned by Connect Group, has relocated to a 15,000 sq ft premises on the Estate and Tuffnells, a parcel delivery operator and also part of the Connect Group, have relocated from their 20,000 sq ft premise on the Estate to Smiths News’ old premises, doubling their presence on the estate.
Paul Lewis, Regional Director, Thames Valley and Data Centres, SEGRO said:
“We are always delighted to help facilitate the expansion of our long standing customers, whose on-going commitment to the Estate is testimony to the significant influence of their work premises and location to their growth.”
“Equally, the Estate’s success over almost a hundred years is rooted in its ability to evolve and provide a compelling offer attract new and diverse companies to complement the existing business community. We are pleased to welcome ECMS and wish the company well in its new home.”
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It owns or manages 6.3 million square metres (68 million square feet) of space valued at over £8 billion, serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in nine other European countries.
About Slough Trading Estate
Slough Trading Estate is Europe’s largest trading estate in single ownership. Home to many of the world’s most successful companies including Mars, Telefonica O2, Ferrari, UK Mail, Lanes Group and UCB, the estate has developed a reputation as a world class location for business.
The estate is wholly owned and managed by SEGRO, Europe’s leading provider of Flexible Business Space. With over 90 years’ experience, SEGRO has a history of providing excellent and innovative property solutions.
With an unrivalled location at the heart of the Thames Valley, the estate benefits from access to a large employment base. A potential labour force of 2.6 million people reside within 1 hours drive of Slough Trading Estate, providing companies with access to the very best talent the region has to offer. For any global business expanding its reach, Slough Trading Estate is the prime business location. Many international companies in sectors such as telecoms, biotechnology, pharmaceuticals, automotive, IT, R&D, logistics, data centres and food processing are thriving because they’ve chosen the estate as either their European or UK headquarters.