SLOUGH TRADING ESTATE TOUR
1st November 2022
SEGRO HOSTS
James Craddock | Jo Jackson |
Managing Director, | Director, |
Thames Valley | Thames Valley |
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SLOUGH TRADING ESTATE TOUR ITINERARY
12:20 Arrive at SEGRO Bath Road offices
12:30 Lunch and overview of Thames Valley portfolio 14:00 Depart for tour of the Slough Trading Estate 15:00 Customer visit: John Crane
15:45 Finish tour and transfer to train station for return to London
THAMES VALLEY
THAMES VALLEY OVERVIEW
102 years in the Thames Valley
Owner of the Slough Trading Estate - the largest privately owned business park in Europe
Portfolio value in excess of £3.5 billion
18 developments completed since 2018, totalling >1m sq ft
Largest data centre cluster in Europe
Diverse customer base including distribution, logistics, tech, media & telecoms and the manufacturing sector among others
PORTFOLIO DATA (June 2022)
Floor space (sq ft; at 100%) | 6.5 million | |
No. of customers | 341 | |
Valuation (at share) - all assets | £3.5bn | |
Yields | ||
• Net initial | 3.1% | |
• Equivalent | 4.2% | |
Rents | ||
• Passing | £92m | |
• Headline | £96m | |
• ERV | £128m | |
Land and development | ||
• Area | 21.3 hectares | |
• Value (at share) | £627m | |
Occupancy (by ERV) | 97.2% | |
WAULT | 9.7 | |
• | Break | 9.7 years |
• | Expiry | 11.2 years |
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SEGRO plc published this content on 01 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 10:34:05 UTC.