SEGRO Park North Feltham secures Chinese 3PL’s first-ever UK facility
SEGRO, a leading owner, manager and developer of modern warehouses, industrial property and data centres, has agreed a lease with OYH Network Ltd, a Chinese customs clearance and logistics provider, for a 14,656 sq ft unit at SEGRO North Feltham in West London
The space will serve as OYH’s first UK office as it builds out its European presence from China, following its recent expansion into Belgium.
OYH Networks, which supports global partners including Amazon by managing “last-mile” logistics for international sellers, coordinates the movement of goods across air freight, sea and road networks.
SEGRO Park North Feltham is located 3 miles from Heathrow Cargo Terminal and 16 miles from Central London. It offers high-quality, flexible warehouse and industrial space and is home to major logistics and supply chain operators including Maersk, FedEx, UPS and Uniserve.
The deal comes amid a broader trend of Chinese logistics companies expanding into Europe to diversify their operations and support the rapid international growth of Chinese e-commerce platforms.
Gareth Baker, Director, Western Corridor at SEGRO, said:
“OYH Networks’ decision to establish its first UK operation at SEGRO Park North Feltham is a great example of how SEGRO enables overseas businesses to invest into the UK and expand operations in Europe. OYH plays an important role in facilitating trade and the movement of goods, and we’re pleased to provide the company with well located, high quality logistics space close to Heathrow Airport to fulfil this role and support its growth ambitions.”
Aaron Zhang, General Manager, OYH Networks, added:
“Establishing our UK base at SEGRO Park North Feltham is a key step in our European growth strategy. The estate’s proximity to Heathrow and London provides an ideal platform to support our clients and scale our operations across the region.”
About SEGRO
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris. The company owns, manages and develops modern warehousing, industrial property and data centres across the UK and seven other European countries, with a portfolio of 10.9 million square metres of space (117 million square feet) valued at £22.0 billion.
Founded in 1920, SEGRO's active approach to asset management and disciplined approach to capital allocation has created a portfolio of high-quality, sustainable buildings in some of Europe's largest cities and at key transport and digital infrastructure hubs.
From big-box logistics to urban warehousing and data centres, SEGRO creates the space that enables extraordinary things to happen. It provides the infrastructure of modern economies and everyday life, enabling efficient, low-carbon supply chains and digital connectivity across Europe, helping drive growth and job creation. This space supports a diverse customer base including retailers, manufacturers, logistics providers and technology companies.
SEGRO is committed to being a force for societal and environmental good, prioritising Championing low-carbon growth, Investing in local communities and environments, and Nurturing talent.
For more information, visit www.SEGRO.com.