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06/10/2015

SEGRO JV Launches Heathrow Warehouse Development

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A SEGRO and Aviva Investors joint venture (JV) has launched a new Grade A logistics development next to Heathrow Airport.

The Skyline development is to comprise of two warehouse units of 73,530 sq ft and 80,440 sq ft.

Both have the potential for office space across the first and second floors.

The development is to be built through the Airport Property Partnership (APP) JV.
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It will offer large, secure yard areas with 12m eaves height, and is targeting a BREEAM 'Very Good' and EPC rating A.

The units are to be complete in Summer 2016.

Alan Holland, Director of APP and SEGRO's Business Unit Director for Greater London, said: "Skyline is a development in the right place at the right time. The connectivity to Heathrow, to London and to the UK's motorway network make the location the ideal place for business and will create employment opportunities for the local area. Based on feedback from our customers and our expertise in the Heathrow market, we are confident that the new units are what companies are looking for but cannot find in today's market."

(LM/CD)

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