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Case Study

SEGRO - Slough Trading Estate

UK Data Centres - Case Studies 2013 - Segro_Main.jpg

Challenge
To develop Slough Trading Estate as a strategic Data Centre location in the south east. 

Solution
We devised and agreed a targeted marketing campaign recognising the challenges of the existing infrastructure and focussed on potential occupiers based on their business models.

Results
  • Strong levels of occupier interest from third party providers and end users of Data Centre space.
  • Identified tenants for 640,000 sqft of space through agreed marketing initiatives.
  • Agreed terms at premium rents in line with recommendations.
  • Increased rental income, reduced year on year vacancy rates and ongoing management costs.
Key facts
Geography: Continental Europe
Portfolio type: Offices, Industrial & Data Centres
Square footage: 63.5 million sq ft
 
Kevin O’Connor, Regional Director, SEGRO Plc. commented:
“In 2007 Jones Lang LaSalle advised SEGRO on four Data Centre transactions on Slough Trading Estate totalling 260,000 sqft which included some of the largest Data Centre transactions in the market and accounted for 55% of Grade A take up in the Thames Valley.
 
JLL’s involvement with these transactions has been instrumental in the success of Slough Trading Estate as a recognised location for Data Centre occupiers and putting SEGRO at the forefront of the Data Centre market by being able to offer enabled sites with power and planning.
 
With further demand yet to be satisfied JLL’s market knowledge and proactive approach will continue to ensure SEGRO identify and secure further occupiers as our professional working relationship continues.”

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