SEGRO has let a 36,000 sq ft facility to cargo handler Swissport UK. The deal will allow Swissport UK – an existing SEGRO customer - to grow its business and increase cargo handling at the UK's hub airport, Heathrow.
The international aviation services company, which provides airport ground and cargo handling services, has signed a 10-year lease at Unit 1, SEGRO Park Portal Heathrow, a Grade A modern warehouse facility that also includes office space.
Following a record year for cargo at Heathrow in 2017, volumes are currently up 1.6% a year to date at 981,690 tonnes. Consequently, there is greater demand for space from freight handlers to ensure they can efficiently service their customers.
Swissport UK has been a SEGRO customer for over 13 years and now leases a total of almost 185,000 sq ft of space across Heathrow and Stansted Airport.
SEGRO Park Portal Heathrow is in a prime, secure position on-airport with direct access to the Southern Perimeter Road and close to SEGRO's cargo terminal. The Portal is also well connected with Junction 14 of the M25 within three miles to the west giving swift access to the UK's motorway network.
Incorporating a range of environmental features including photovoltaic systems and rainwater harvesting, the building has an BREEAM rating 'Excellent'.
Alan Holland, Business Unit Director, Greater London, at SEGRO, said: "We are pleased to provide additional space for one of our long-standing customers that will enable them to effectively grow their business in a highly competitive industry. Levels of cargo at Heathrow will continue to increase in the near-term future, and following the parliamentary vote for an additional runway, freight capacity is expected to double, so it's vital for our customers to have the space to respond to current and future demand."
Swissport UK will join Rolls Royce and DB Schenker at SEGRO Park Portal Heathrow, which is now fully let.