SEGRO Park Tottenham delivers first class, sustainable space for Parcelforce Worldwide

PFW will occupy over 75,000 sq ft across two units at SEGRO Park Tottenham on 15-year leases.

The two buildings feature newly installed SMART sensor technology, which will enable PFW to obtain real-time building information such as energy and water usage and air quality, helping it to improve operational efficiency and enhance the working environment.

SEGRO Park Tottenham was completed in October 2022, with more than three quarters of the 197,000 sq ft of industrial space already leased, with remaining available units ranging from 6,993 sq ft to 16,282 sq ft. PFW will be joining a pharmaceutical company and a customer in the retail and wholesale sector at the site.

The development has been built to BREEAM ‘Outstanding’ standards, the highest level of sustainability accreditation in the UK. The carbon negative buildings have achieved a BREEAM rating of 92.7%, with sustainable features including green walls to help purify air, as well as EV charging points and photovoltaic panels to generate clean energy for the occupiers and minimise carbon emissions at the site.

Aaron Barnes, Managing Director of Parcelforce Worldwide, said:

“This is a move that will benefit both our colleagues and our customers.  It puts us in a state-of-the-art premises which combines low carbon technologies with a pleasant biodiverse outside space and the capabilities to improve our operational efficiency.”

Alan Holland, Managing Director, Greater London at SEGRO, said:

“We are very pleased to support the growth of Parceforce Worldwide – one of our key existing customers.

“SEGRO Park Tottenham is a pioneering scheme in our London portfolio and the early leasing success so soon after its completion is testimony to the occupier demand for well-located, sustainable, urban logistics space.

“Furthermore, the range of customers the scheme is attracting illustrates the broad and diverse requirements we see for space for space across our portfolio from different types of businesses.”

SEGRO Park Tottenham comprises eight industrial units and is located in London’s Zone 3. It has good connections into Central London and is a short drive to the M25 and North Circular.

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 9.9 million square metres of space (106 million square feet) valued at £20.9 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’s 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. 

Striving for the highest standards of innovation, sustainable business practices and enabling economic and societal prosperity underpins SEGRO’s ambition to be the best property company.

See www.SEGRO.com for further information.