SEGRO’s Community Investment Plans launched to benefit thousands of people across the country

The core (long-term) objectives of the plans are to help young and disadvantaged people into sustainable employment, support the growth of local economies and deliver projects that enhance biodiversity and the local environment.

The plans cover all SEGRO’s major operational areas in the UK including Slough, Greater London, Northampton, Coventry and the East Midlands. They form a central part of the company’s Responsible SEGRO commitment to create and implement bespoke social and environmental programmes in all its key markets by 2025.

Delivery of the Community Investment Plans is already underway and by the end of 2025 SEGRO expects to have achieved the following outcomes:

• 20,000 students engaged through schools programmes
• 1,500 people, the majority of who are unemployed, vulnerable or who have additional needs, received training or supported with employment opportunities
• 60 projects delivered to enhance local environments and biodiversity

David Sleath, Chief Executive Officer at SEGRO, said:

“Investing in local communities is nothing new for SEGRO, but at a time of economic uncertainty and with many people concerned about the future, it feels even more important that we are able to step up and help support those who face some of the biggest challenges.

“A huge amount of work has gone into creating these Community Investment Plans, from finding the right local delivery partners and harnessing the collective drive of colleagues to identifying projects and initiatives that will deliver real, long-term benefits for those in and around the communities in which we operate. Critically we haven’t just created the plans, we’ve already started delivering initiatives within them, working with our customers, suppliers and charity partners to benefit thousands of people this year alone.”

SEGRO’s Community Investment Plans are being delivered in collaboration with partners that have a detailed understanding our local communities and their specific needs. Plans are being developed and will be rolled out in SEGRO’s Continental Europe markets, including Paris, Łódź and Dusseldorf.

Notes to editors:

Over a ten-year period, SEGRO has set the target of achieving the following outcomes from the first round of its Community Investment Plans:

• 50,000 students to be engaged and inspired to fulfil their potential through our Work and STEM schools programme
• 15,000 people to benefit from skills, training and job brokerage programmes
• 300 initiatives delivered to improve the environment and health and wellbeing of local individuals

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 9.6 million square metres of space (103 million square feet) valued at £21.3 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 seven other European countries.

For over 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.

A commitment to be a force for societal and environmental good is integral to SEGRO’ purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing Low-Carbon Growth, Investing in Local Communities and Environments and Nurturing Talent.

See www.SEGRO.com for further information.