Ground-breaking ceremony for new Heathrow facilities
by James Renoux-Wood Fri 12 April 2013, 3:11 pm
The construction of two new facilities at the North Feltham Trading Estate at Heathrow Airport was marked at a ground breaking ceremony on 9 April.
The 7,713sq m Airport Property Partnership development is a joint venture between Segro and Aviva Investors.
Senior executives from both were at the ceremony, along with Toll Global Forwarding – an international freight forwarding and advanced supply chain management services company – which will take the larger, 6,270sq m facility to consolidate and upgrade its Heathrow operations at a new and larger base. The second 1,468sq m self-contained facility is being developed on a speculative basis as a modern industrial warehouse.
The company's regional MD for Europe, the Middle East and Africa (EMEA), Hakan Bicil said: “This new base will provide us with better access to Heathrow Airport’s airline cargo terminals, improve our operational efficiency and enhance our customer service levels. It will also deliver a striking flagship headquarters for our fast-growing UK operations.”
Brendon Walsh, director of regeneration, economic development and environment at Hounslow Council, said the project was "more great news for Hounslow”.
"Toll is an excellent local employer and we hope that consolidating the sites will lead to growth in their business. We're also delighted to have Segro continuing to invest and build its stake in the borough," he added.
Alan Holland, Segro's business unit director for Greater London, said: "We have worked very closely with Toll Global Forwarding on its requirements and this new development will provide a secure, modern and efficient facility from which it can expand operations. Additionally, as we are continuing to experience demand for our well-located, high-quality buildings, we are delighted to be undertaking speculative development in the prime Heathrow market for the first time in five years."
Both facilities were designed to achieve a BREEAM “very good” rating and planning permission was granted in February 2013.