80,000 sq ft Heathrow Skyline Unit Leased to Bolloré Logistics

8th August 2016

Logistics Business80,000 sq ft Heathrow Skyline Unit Leased to Bolloré Logistics

SEGRO plc and Aviva Investors, through their joint venture, Airport Property Partnership (APP), have secured a letting at Skyline, Heathrow, to global logistics company, Bolloré Logistics, formerly SDV. The 80,000 sq ft development, which is in prime location adjacent 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. Located close to Heathrow’s cargo terminal, the scheme offers unrivalled international connectivity as well as easy access to the national motorway network from the M4 and M25.

Bolloré Logistics, which has signed a 15 year lease, is a global logistics organisation with over 10,000 employees across 102 locations. Having a footprint at the UK’s only hub airport is key for them. Bolloré is an existing long-term SEGRO customer with two buildings, both at Heathrow, totalling 60,000 sq ft.

SEGRO owns or manages 6.4 million sq ft of warehouse assets around London’s airports, mainly at Heathrow, in some of the most sought-after airside and off-airport locations.