SEGRO and Aviva Investors have signed Bolloré Logistics to an 80,000 sq ft unit near Heathrow Airport.
SEGRO and Aviva Investors joint venture, Airport Property Partnership (APP), has secured a letting at Skyline to global logistics company, Bolloré Logistics, formerly SDV. The 80,000 sq ft development, which is in next to Heathrow Airport, is speculatively built and is due to reach completion this month.
APP acquired the site a year ago and the development consists of two speculatively built warehouse units of 74,000 sq ft and 80,000 sq ft close to Heathrow’s cargo terminal.
Bolloré Logistics, which has signed a 15 year lease, is a global logistics organisation with over 10,000 employees across 102 locations. Bolloré is an existing long-term SEGRO customer with two buildings, both at Heathrow, totalling 60,000 sq ft.
Alan Holland, Director of APP and SEGRO’s Business Unit Director for Greater London, said: “Skyline is the perfect development for Bolloré with great connectivity to Heathrow, London and the UK’s motorway network.”
Stuart Innes, Managing Director of Bolloré Logistics, said: “Bolloré Logistics firmly believe that the Skyline development is perfectly suited to the long term ambition of our business and sends a message to the market about our intent to be at the very top of our industry.”
SEGRO owns or manages 6.4 million sq ft of warehouse assets around London’s airports, mainly at Heathrow.