SEGRO to reach new heights with first multi-storey industrial development in the Thames Valley

February 23, 2022

Plans have been approved for SEGRO to develop the first multi-storey industrial development on the Slough Trading Estate. Known as SEGRO V-Park Leigh Road, the iconic seven-storey building will provide industrial workspace for a range of businesses, including small businesses and start-ups.

The program represents the next phase in the evolution of Slough Trading Estate and will be designed to support the operation and growth of approximately 50-70 SME occupants and provide nearly 400 jobs. SEGRO V-Park Leigh Road will be located in the heart of the Slough Trading Estate, transforming an obsolete brownfield site into what will become the tallest building on the Trading Estate.

Serviced by two hoists and a series of passenger lifts, SEGRO V-Park Leigh Road will provide over 117,000 square feet of high quality workshop and studio space. The building will feature meeting rooms, co-working spaces as well as a wide range of amenities including a cafe and wellness facilities for showering and changing.
In line with the company’s responsible SEGRO commitment to championing low-carbon growth, the
The building will feature the latest sustainable features, including a green roof and solar panels to generate electricity. More than 10% of the parking spaces will be equipped with charging stations for electric vehicles, and there will also be a rainwater harvesting installation. Green walls will be developed, which will grow native plants and attract insect species while helping to purify the air. It will also be home to the Trading Estate’s first micro forest – a rich and diversely planted miniature forest to help promote pollinators such as butterflies and bees, beetles, snails and amphibians.

James Craddock, Managing Director, Thames Valley at SEGRO, said:

“Throughout its 100 year history, the Slough Trading Estate has continually evolved to meet the ever-changing needs of the businesses that call it home. The Trading Estate is an extremely popular choice for businesses. With a lack of land to expand outwards to meet this demand, this innovative development marks a significant shift in how we can scale up space vertically to facilitate investment, job opportunities, rate contributions business and economic growth in Slough, a long-term home for a wide range of businesses and sectors.”

The development will become a hub for small businesses and start-ups to thrive, encompassing small units in a range of configurations. SEGRO also plans to help its customers by setting up a series of business support events that will provide advice on issues such as finance, recruitment, innovation and legislation, to meet the needs of their customers. and help them grow their business.

SEGRO will also develop a dedicated skills and training program to enable the local community to benefit from the development and occupation of the perimeter. This will include work experience, career interviews and site visits for students during construction and working with clients to advertise jobs locally.

Construction of SEGRO V-Park Leigh Road is expected to start in 2023, as it will become the second multi-storey urban development scheme in the UK announced by SEGRO, following the release of plans for SEGRO V-Park Grand Union to Park Royal, which is delivered as a joint venture with St George.

Notes to editors:

Media inquiries:

Lara Al-Sabti on behalf of SEGRO – [email protected], T: +44 7917 494 089

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 properties. It owns or manages 9.6 million square meters of space (103 million square feet) worth £21.3 billion and serves clients from a wide range of industry sectors. Its properties are located in and around major cities and major transport hubs in the UK and seven other European countries.

For over 100 years, SEGRO has created the space that allows extraordinary things to happen. From modern, large-area warehouses, used primarily for regional, national and international distribution centers, to urban warehouses located near major population centers and business districts, it provides high-quality assets that enable 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 have the greatest impact: championing low-carbon growth, investing in local communities and environments, and cultivating talent.

See www.SEGRO.com for more information.

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