SEGRO launches new speculative units at ‘Skyline’, Heathrow

Two new speculative warehouses are to be built at Heathrow as the airport logistics market begins to soar.

The Skyline development will see two speculatively built warehouse units of 73,530 sq ft and 80,440 sq ft.

Developers SEGRO and Aviva Investors, through their joint venture, Airport Property Partnership (APP), are backing the scheme which meets growing demand for airport-related logistics floorspace.

Alan Holland, Director of APP and SEGRO’s Business Unit Director for Greater London, said: "Skyline is a development in the right place at the right time. The connectivity to Heathrow, to London and to the UK’s motorway network make the location the ideal place for business and will create employment opportunities for the local area. Based on feedback from our customers and our expertise in the Heathrow market, we are confident that the new units are what companies are looking for but cannot find in today’s market."

The new development will offer large, secure yard areas, with 12m eaves height, and is targeting a BREEAM ‘very good’ and EPC rating A. The units will complete in Summer 2016.

Occupiers near the Skyline development include international brands such as DB Schenker, Rolls-Royce and Panalpina.