SEGRO grows food and drink customer base in west London
SEGRO has secured two new leases with food and drink companies in west London as it continues to meet strong demand from the sector for well-located and modern space within proximity of the wider London market
Kolak Snack Foods – part of Europe Snacks UK and a manufacturer of snacking products such as potato crisps – has agreed a lease for a 45,142 sq ft unit at Premier Park in Park Royal. Kolak Snack Foods will be using the new unit for the storage and distribution of its dry snacks.
In line with the Responsible SEGRO commitment to Champion low-carbon growth, SEGRO has extensively refurbished the unit to the highest sustainability credentials, targeting BREEAM Outstanding certification. The unit was vacated last year when Japanese and Asian food distributor, JFC International, expanded its operations and relocated to SEGRO Park Hayes.
Rikin Lakhani, Managing Director at Europe Snacks UK, said:
“This new space will enable our business to continue to grow and support our customers’ needs for the foreseeable future. The recent refurbishment undertaken by SEGRO is a key enabler for our sustainability journey to be net-zero carbon by 2030.”
Meanwhile, a manufacturer of sushi, bentos and food-to-go has agreed a 22,374 sq ft lease at SEGRO Park Westway in Acton, which is in addition to the existing four units it already occupies within the SEGRO portfolio in the same area. SEGRO has supported the customer on its growth journey over several years by providing a range of warehouse spaces for the storage of its products.
The customer will undertake an internal refurbishment of the new space to a highly sustainable standard and will increase the power capacity to around 1,000 KVA to meet its requirements.
Bonnie Minshull, Head of London at SEGRO, said:
“It is always special when customers retain and expand their operations with us. This is a great example of how we work closely with customers and go beyond a traditional relationship between the property owner and occupier to understand their requirements and provide the flexibility and scale to help drive their continued growth.
“We are proud of the refurbishment that we have delivered at Premier Park. The scheme follows the same specifications as Auriol Drive, Greenford, which was the first industrial refurbishment of this type in the world to achieve BREEAM Outstanding standard in sustainability.”
SEGRO Park Westway and Premier Park are among London’s most sought-after industrial and logistics locations, situated near the A40 and with easy access to central London.
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 10.4 million square metres of space (112 million square feet) valued at £20.7 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.
See www.SEGRO.com for further information.