SEGRO Hosts London’s Deputy Mayor in Paris
Jules Pipe met with Vice President of the Paris Region. Pair discussed urbanisation and its impact on industrial development. Meeting included a tour of SEGRO’s multi-storey Paris Air2 Logistique warehouse in Gennevilliers
SEGRO has hosted a meeting between Jules Pipe, London’s Deputy Mayor for Regeneration, Planning and Skills and Jean-Philippe Dugoin-Clément, Vice President of the Paris Region. The aim was to discuss the challenges of urbanisation and its impact on the industrial sector and to share best practise.
In order to show how SEGRO has utilised limited Industrial land in Paris, the visit included a tour of SEGRO’s Paris Air2 Logistique site, a 680,000 sq ft multi-storey warehouse which is fully let to IKEA and home improvement and gardening retailer, Leroy Merlin.
Andy Gulliford, Chief Operating Officer at SEGRO said:
“With a presence in both cities, we know that both London and Paris face many similar challenges, including limited availability of industrial land. Therefore, it was fitting to visit our Air2 Logistique multi-storey development, which enables our customers to meet the growing demand for goods and industrial services in Paris and is a model that can be replicated across London. We hope that Mr Pipe and Mr Dugoin-Clément continue to share knowledge and best practice as a result of this meeting.”
In 2017 SEGRO launched it’s ‘Keep London Working’ report, which offers a critical insight into the importance of industrial land in London, and the vital role it has in supporting the capital’s future economic and population growth. The report, which was put together in close consultation with the Greater London Authority, SEGRO’s customers, London First and the British Property Federation, looks at ways to keep the movement of goods flowing to and from people and businesses to ensure that London keeps functioning as a global city.
Jean-Philippe Dugoin-Clément, Vice President of the Paris Region said:
“We have been familiar with SEGRO’s ‘Keep London Working’ report since its launch and see a lot of similarities between Paris and London. Like London, Paris’ industrial challenges have been brought on by urbanisation, technology disruption and competition for land. It was great to meet Mr Pipe and we can hopefully work together and share best practice for the future of our Cities.”
London’s population will grow by 1.5 million people over the next 15 years. This, combined with technology, has led to an explosion of ecommerce, driving the demand for industrial land to ensure that consumers can get their goods delivered.
Jules Pipe, Deputy Mayor for Regeneration, Planning and Skills, said:
“The Mayor’s strategic plan for London – the London Plan – has just completed its five-month independent review and this visit was a great opportunity to discuss some of the challenges London faces, as well as the Mayor’s bold plans to address them.
“Meeting Jean-Philippe and seeing SEGRO’s facility was extremely useful as it will enable us to look at how we can make the best possible use of land in London, in order to create new commercial space and deliver much-needed affordable housing.”
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 7 million square metres of space (75 million square feet) valued at £11 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 eight other European countries.
See www.SEGRO.com for further information.