SEGRO : First customer signed at SEGRO Park Hayes

First customer signed at SEGRO Park Hayes

09 February 2021

SEGRO has secured its first customer at SEGRO Park Hayes, which forms part of the mixed-use redevelopment of the former Nestle factory site. The pre-let triggers the speculative development of a modern industrial park totalling 239,665 sq. ft.

Construction of the scheme is expected to start in Spring 2021, with SEGRO's new customer taking a 97,600 sq. ft unit, the largest of four buildings to be delivered, which represents over 40 percent of the scheme.

SEGRO Park Hayes will be a highly sustainable scheme, designed to carbon neutral standards for regulated energy use, enabling carbon emissions from the buildings to be offset by the energy produced by sustainable features such as photovoltaic panels. Electric vehicle charging points will be installed across the site to assist customers to adopt low and zero emission vehicles and help improve air quality in line with the London emissions targets. Additionally, there will be several features to reduce the level of energy consumed by the buildings, including LED lighting, air source heat pumps and reflective glazing.

Once home to Nestle's coffee and chocolate producing factory, the 30-acre site was acquired by SEGRO in 2015 who partnered with Barratt London to create a landmark scheme that is delivering over 1300 new homes alongside a high quality sustainable industrial park.

SEGRO Park Hayes is an integral part of the wider regeneration of the former Nestlé factory site and will create up to 350 job opportunities for the local community once completed. A dedicated skills and training programme will be put in place by SEGRO to ensure residents benefit from training and employment opportunities generated by the construction and future occupation of the industrial park.

Alan Holland, SEGRO Greater London, Managing Director, said:

'We are delighted to have signed our first customer to SEGRO Park Hayes.

'The 'mixed-use' approach provides a neat solution to the challenge of decreasing availability of land and increasing demand for housing and employment space and is the first of its design in London.'

Across the wider site, there are three hectares of new public spaces, including a public plaza at the heart of the development, named after Eugen Sandow, the man who built the factory in 1913. The residential element will include play areas, a gym, shops and cafes set along the modernised Grand Union canal.

Improvements will be made to the local road junctions including the Bulls Bridge Roundabout. Sustainability will be at the heart of the development and community spaces, with 2000 cycle spaces, electric vehicle charging points and extensive landscaping.

The site is in a prime location for business and residents. It is less than a mile from junction 3 of the M4 motorway, which offers easy access to the UK motorway network for regional distribution and to central London for urban logistics operators. It is also next to the Hayes and Harlington railway station which will become a Crossrail station.

For more information please contact:

Lara Al-Sabti, External Communications Executive, SEGRO
[e-mail]

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT) which is 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 8.1 million square metres of space (88 million square feet) valued at £13.3 billion as at 30 June 2020 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 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.

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