SEGRO has let a 36,000 square foot facility to cargo handler Swissport UK as part of a 10-year lease deal.
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.
Swissport provides airport ground and cargo handling services, and will be based 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 per cent 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 square foot of space across Heathrow and Stansted airports.
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’.
SEGRO business unit director, Alan Holland 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.