BT dials into SEGRO Park Croydon Redhouse Road

BT Group has agreed a lease on two units totalling over 13,000 sq ft, which will be occupied by its engineering team alongside the business’s broader operational functions. The units will be used as ‘stock locations,’ which will enable engineers to order and collect a range of key equipment needed for work in the area.

SEGRO Park Croydon Redhouse Road is located just 10 minutes from Croydon Town Centre and ten miles from both Central London to the North and the M25 to the South. It comprises seven high quality, BREEAM Excellent units, with the remaining units ranging from 9,155 to 83,827 sq ft. These premium units have an EPC A rating.

This new, high-spec scheme in Croydon incorporates a range of sustainability features, including photovoltaic panels on each unit to provide lower carbon energy and reduced energy costs, as well as electric vehicle charging points and cycle shelters to support customers and their employees on their transition to make more sustainability journeys.

These sustainability features are in line with the company’s Responsible SEGRO commitment to Champion low carbon growth.

Bonnie Minshull, Head of London at SEGRO, said:

“BT Group is a fantastic first customer to welcome to SEGRO Park Croydon Redhouse Road. While the development makes an ideal last mile urban logistic hub within the south London market, this deal demonstrates it is also suitable for other uses and there is demand from a diverse range of businesses that are looking for excellent quality warehouse space in prime locations close to their markets and employment pools."

Brent Mathews, BT Group’s Property & Facilities Services Director, said:

“It is essential that engineers across BT Group have quick and easy access to the tools and resources they need to carry out a range of important tasks.

“Securing these two units allows us to provide a base in Croydon for our colleagues to order and collect equipment needed for jobs in the area, making it faster and more efficient to carry out work for our customers.”

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 (110 million square feet) valued at £21.0 billion 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 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.