Comprehensive lease advisory expertise across SEGRO plc’s Thames Valley portfolio.
Rent reviews and lease renewals
Industrial & Office Space Case Study - Segro plc
5.9m
sq ft
of industrial and office space
2m
sq ft
of industrial units, logistics warehouses, offices, builders’ merchants, trade counters advised on.
Challenge
Vail Williams has provided lease advisory expertise to property investment and development company, SEGRO Plc, on its Thames Valley portfolio, including Slough Trading Estate, since 2010.
Slough Trading Estate has been at the heart of the Thames Valley industrial market since the post-war period. Today, it continues to be a prime business location, attracting new tenants to take advantage of its strategic location.
Europe’s largest trading estate under single ownership, Slough Trading Estate extends across from 5.9m sq ft of industrial units, logistics warehouses and office buildings, with a high volume of rent reviews and lease renewals every year.
Our lease advisory experts provide comprehensive advice to help SEGRO maximise portfolio returns through rent reviews and lease renewals across its Thames Valley portfolio.
How we helped
- We worked closely with SEGRO to understand their strategic business needs, to deliver a commercially effective approach to their property portfolio, enabling them to maximise returns.
- As rents have steadily increased over the years, we have worked with SEGRO to set market rents in Slough, whilst reflecting SEGRO’s strong customer ethos.
Vail Williams has been our principal lease advisory surveyors for our Thames Valley portfolio, which includes the Slough Trading Estate, since 2010. I have really appreciated both their market and technical knowledge in achieving the right result, whilst ensuring that we maintain a positive ongoing relationship with our customers. We have had some impressive results over the years as a result of working together.
Carol Rix MRICS, Senior Asset Manager, SEGRO Plc.
Results
- To date, our team of lease advisory experts have advised on and negotiated over 3.5 million sq. ft. of rent reviews, lease renewals and new leases for a range of assets including industrial units, logistics warehouses, offices, builders’ merchant, trade counters and data centres.
- The length of our contract as principal lease advisory surveyors is a testament to the quality of service and tailored advice we offer to our client.
- We continue to deliver unrivalled expert lease advisory support on numerous projects within their large Thames Valley property portfolio.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.
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