Bolloré to let Heathrow Skyline facility
08 / 08 / 2016
French logistics giant Bolloré has signed a 15-year lease on an 80,000 sq ft facility adjacent to London Heathrow International Airport.
This facility, due to be completed this month (August), forms one part of a development called Skyline that consists of two warehouse units with a footprint of 80,000 and 74,000 sq ft.
Airport Property Partnership (APP), a joint venture of UK real estate investment trust SEGRO and global asset management business Aviva Investors, acquired the site a year ago, and it is from APP that Bolloré has let the unit.
Bolloré Logistics has been a long-time customer of SEGRO customer and already occupies two buildings at Heathrow, which together have a 60,000 sq ft footprint.
Stuart Innes, managing director of Bolloré Logistics, said that his company is looking forward to having use of “such a high grade facility".
“Bolloré Logistics firmly believe that the Skyline development is perfectly suited to the long term ambition of our business and sends a message to the market about our intent to be at the very top of our industry,” he commented.
Alan Holland, director of APP and SEGRO’s business unit director for Greater London, added: “We pride ourselves on working with our existing customers and this signing is testament to how we are able to meet their needs and help them to achieve their business objectives.
“Skyline is the perfect development for Bolloré with great connectivity to Heathrow, London and the UK’s motorway network.”
SEGRO owns or manages 6.4 million sq ft of warehouse assets around London’s airports, mainly at Heathrow, in some of the country’s most sought-after airside and off-airport locations.
