SEGRO to enhance business diversity on Slough Trading Estate with industrial redevelopment
SEGRO is delivering nine new speculatively-built industrial units that will provide highly sustainable space for a wide range of businesses at Slough Trading Estate
The project will see the land formerly occupied by a single building at 136 Edinburgh Avenue redeveloped to create over 107,000 sq ft of warehouse space. SEGRO is purposefully designing the units in varying sizes, ranging from 2,000 to 10,000 sq ft – suitable for smaller and growing enterprises – to larger units of 32,000 and 45,000 sq ft to accommodate larger operations.
The units will boast excellent sustainability credentials, targeting a BREEAM Excellent rating and EPC A+ and will demonstrate the company’s Responsible SEGRO commitment to Champion low-carbon growth. Features include air source heat pumps, EV charging points to 20% of parking spaces at day 1, smart building sensors and controls and over 2,000 sqm of PV panels generating energy savings of over 350,000 kWh/Yr and carbon savings of over 42,000 Kg/Co2/Yr. All units will also offer showers and the development will benefit from ample secure bike storage including electric bike chargers to encourage customer employees to cycle to work. It is also SEGRO’s intention to reduce embodied carbon by procuring steel produced using an electric arc furnace – which generates fewer carbon emissions – and using concrete that contains recycled aggregates.
The development is anticipated to reach practical completion by January 2025.
Jo Jackson, Director, Thames Valley at SEGRO, said:
“This is another great example of how we are continuing to evolve the Slough Trading Estate to meet the demands of our modern-day customers. On this occasion we’re taking a site previously occupied by a single building that was at the end of its economical life and transforming it into nine high quality, sustainable industrial units that are suitable for a diverse range of different sized companies operating different types of business.
“In the current market there are relatively few speculatively built schemes underway in the UK, which underlines our confidence in demand from existing and potentially new customers to take space on the Slough Trading Estate and their desire to be part of this vibrant business community.”
Slough Trading Estate is the largest privately-owned business park in single ownership in Europe. With SEGRO’s commitment to investing in the estate, over thirty per cent is less than 10 years old. The Estate has very few available units, with over 96 per cent of the space currently let to customers from a diverse range of industries and to a mix of both large and small businesses. Local amenities including high street banks, restaurants, shops, fitness facilities and healthcare centres are all within easy reach on the estate, creating a vibrant business community for occupants.
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 10.3 million square metres of space (110 million square feet) valued at £21.0 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.