SEGRO Park Hayes reaches full occupancy with new lease agreement
SEGRO has secured a ten-year lease for a 24,720 sq ft unit at SEGRO Park Hayes, its flagship co-location urban industrial scheme in West London, marking the full occupation of the development.
HIVED, a fast-growing parcel delivery company with an all-electric fleet, joins a diverse range of businesses at the 30-acre development, including international courier services company Transglobal Express and Asian food distributor, JFC International. HIVED has a sustainability-as-standard approach to its deliveries, servicing customers including Uniqlo, Nespresso and Zara.
In line with SEGRO’s commitment to Champion low-carbon growth, the scheme meets the highest sustainability standards. It offers electric vehicle charging points to support the adoption of low emission vehicles, contributing to improved air quality in line with London’s emissions targets. Additional energy-efficient features include LED lighting, air source heat pumps, photovoltaic panels and reflective glazing to minimise energy consumption.
Murvah Iqbal, CEO and Co-founder at HIVED, said:
“HIVED was founded with a commitment to improve the parcel delivery experience by putting end consumers first. Opening our new West London depot is a significant milestone in HIVED’s own growth journey, as it will mean more parcels delivered more efficiently and sustainably to Londoners.
“This latest expansion is proof that our multi-site logistics model, designed for the e-commerce age, is scalable nationally. The next step for HIVED will be to replicate the same levels of service we provide to retailers and customers across other parts of the UK.
“We chose our new depot site in SEGRO Park Hayes because it is the perfect location for us to meet demand from customers right across London, complementing our established depot site in East London. The site has an abundance of clean electricity, meaning we can make use of fast charging infrastructure to quickly turn around our fleet of HGVs and get them back on the road.”
Gareth Baker, Director, Western Corridor at SEGRO, said:
“SEGRO Park Hayes is a unique development that integrates living and working space, driving both sustainability and economic growth. It’s great to see the development fully let and our vision for a dynamic, thriving community come to life.
“To meet HIVED’s power requirements, we are reallocating surplus power from another unit to ensure efficient operation. This is just one example of how we go above and beyond to meet our customers’ needs.”
Located on the site of the iconic former Nestlé chocolate factory and coffee factory, SEGRO worked in partnership with Barratt London to establish a pioneering co-location scheme, with a state-of-the-art sustainable industrial park developed alongside 1,300 new homes.
SEGRO Park Hayes is in a prime location for businesses and residents. Situated less than a mile from Junction 3 of the M4 motorway, the site provides easy access to the UK motorway network for regional distribution and to central London for urban logistics operators. It is also just nine minutes from Heathrow Airport and close to Hayes & Harlington railway station, offering a fast and convenient connection to central London via the Elizabeth Line.
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 (111 million square feet) valued at £20.3 billion at 31 December 2024 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 (including data centres) 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.