TRANSFORMING EAST LONDON...
OUR VISION FOR EAST PLUS 2 3 An opportunity to create one of the most sought after business destinations in London. A NEW BUSINESS DESTINATION IN EAST LONDON 5 sites across 3 London boroughs: Newham, Barking & Dagenham and Havering A catalyst for the wider economic regeneration of London Riverside. Promoting regeneration in East London is at the heart of our vision for East Plus, in partnership with the Greater London Authority. At SEGRO, we have the passion, expertise and knowledge to create one of the most sustainable and attractive industrial zones in London and the South East, bringing modern industrial uses and a diversified mix of businesses to the area. The construction of over 1.4 million sq ft of high-quality business space will be transformational for the community and has the potential to create up to 4,400 direct and 2,600 indirect jobs in a diverse range of sectors. Delivered by the largest partnership of its kind in the capital ATTRACTING BUSINESS, TALENT AND INVESTMENT TO EAST LONDON FROM 500 to 150,000 SQ FT We have a history of delivering industrial regeneration programmes across the capital to improve business environments and create jobs for local communities. UP TO It s more than just business, it s a commitment to growth and regeneration. 7,000 JOBS 1.4m SQ FT to be created in the local area of built space on A range of units attracting diverse occupiers from a variety of sectors, from start-ups to established corporations, creating a community of thriving businesses. 86 ACRES to be delivered over the next 10 years Beyond Business
EAST PLUS IN DETAIL 4 5 MOVERS LANE A13 BEAM VALLEY COUNTRY PARK RAINHAM ROAD A406 A13 THAMES ROAD RIVER ROAD CHOATS ROAD CHEQUERS LANE DAGENHAM DOCK TRAIN STATION A1306 A1306 JENKINS LANE RIVER ROAD LSIP A13 BARKING REACH POWER STATION MARSH WAY BARKING POWER STATION RIVER ROAD BEAM REACH 6 CEME BEAM REACH 5 A1020 RIVER THAMES FERRY LANE FERRY LANE ALBERT ISLAND 2016 2017 2018 2019 2021 MAP KEY BEAM REACH 5 JENKINS LANE FERRY LANE LSIP LONDON SUSTAINABLE INDUSTRIES PARK BEAM REACH 6 Key regeneration areas Landmarks Speculative development start dates* * Pre lets could result in an earlier development date Creating thriving business communities for the future, through a diverse development programme. Diverse range of businesses, from start-ups through to SMEs and larger corporations Creating up to 1,700 jobs INNOVATION VILLAGE 500 2,000 SQ FT 15,000 22,000 SQ FT 50,000 65,000 SQ FT <100,000 SQ FT 330,000 SQ FT Prominent location and direct access to the A13 and A406, appealing to retail occupiers, trade counters, showrooms and hotels Creating up to 780 jobs 3,000 30,000 SQ FT 50,000 76,000 SQ FT HOTEL/CAR SHOWROOM 165,000 SQ FT Freehold warehouse Design & Build opportunities Potential for up to 860 jobs 10,000 150,000 SQ FT 215,000 SQ FT Creating a sustainably-built park that will attract a range of occupiers demonstrating green credentials Creating up to 2,100 jobs SUSTAINABLE INDUSTRIES 405,000 SQ FT Potential speculative development of large logistics space Creating up to 1,560 jobs 5,000 10,000 SQ FT 2 x 125,000 SQ FT 285,000 SQ FT
REGENERATION 6 7 Changing the face of industrial in East London, to help transform the lives of local people. A growing population, coupled with the rise in e-commerce sales, continues to drive the demand for industrial space. The development of East London provides the perfect opportunity to respond to the needs of London and create a destination for businesses to thrive. To support businesses growth, SEGRO will deliver some of the most highly sustainable industrial space in East London. All SEGRO developments in London meet the London Plan s sustainable design and construction methods as a minimum. Through the construction of the East Plus portfolio, we will strive to exceed these requirements with the aspiration of moving towards delivering carbon neutral industrial buildings. We were the first industrial developer to produce a BREEAM Outstanding building in London. We also have numerous other buildings achieving Excellent status. Computer generated image of Beam Reach 5 In line with the SEGRO 2020 sustainability strategy, each development site will strive to improve the energy efficiency beyond the industry norm. INFRASTRUCTURE IMPROVEMENTS including better footpaths, cycling routes and improved public transport OVER 95 YEARS experience delivering high-specification industrial properties that are built for the long term Computer generated image of Units 1 & 2 Beam Reach 5 Computer generated image of the entrance of Beam Reach 5
COMMUNITY IMPACT 8 9 Maximising training and employment opportunities will be an integral part of the regeneration. SEGRO will sponsor 1,000 STUDENTS through the prestigious CEME Gateway to Skills programme SEGRO will fund 300,000 to support grassroots community projects, delivering employability training for local residents SKILLS, TRAINING & EMPLOYMENT We will implement a proactive engagement programme to build a strong and effective relationship with key local stakeholders. These stakeholders will play a vital role in working with us to deliver our skills and employment plan to ensure that we maximise the benefits for the community and local economy. WE WILL ENHANCE SKILLS AND EMPLOYMENT THROUGH: RAISING ASPIRATIONS WORK EXPERIENCE SECTOR TRAINING PROGRAMMES PRE-EMPLOYMENT TRAINING The regeneration of East Plus provides an ideal opportunity to transform the lives of local people through increasing employment opportunities, encouraging business growth and investment and tackling economic disadvantage. SITE VISITS INDUSTRY TALKS BUSINESS SUPPORT The skills and employment strategy will support the Mayor s London Riverside and London Plan objectives by: Creating up to 4,400 direct job opportunities for local residents Upskilling the local workforce Providing support services to small businesses on Beam Reach 5 Inspiring up to 1,000 young people to consider a career in STEM Launching a 300,000 fund to support grassroots community projects DURING CONSTRUCTION 300 200 UP TO 500 JOBS direct employment opportunities within the construction sector indirect employment opportunities across a range of supporting industries OPERATIONAL EMPLOYMENT UP TO 7,000 job opportunities 1.4M SQ FT of employment space 4,400 DIRECT 2,600 INDIRECT employment opportunities across a range of occupation types
DEVELOPER & LANDLORD OF CHOICE 10 11 With over 95 years experience of creating industrial space to support business growth, SEGRO has the knowledge, resources and expertise to deliver an exciting vision for the area. SEGRO s London portfolio extends to over 11 million sq ft of light industrial and logistics space, which is home to 450 customers across core markets including Park Royal, Heathrow and North London. The continued delivery of industrial and logistics space is critical if London is to meet the current and future needs of its businesses and residents. AGILITY & FLEXIBILITY Our Design & Build offering gives our customers the ability to meet the ever-changing demands of their businesses, while our speculatively-built offering provides Grade A space that is built for the long term. We have a flexible approach to design, from single warehouses to multi-let industrial estates based in the best locations around the UK and more specifically, London and the South East. DEVELOPER OF CHOICE SEGRO is synonymous with long-term investment and quality developments. We pride ourselves on delivering high-specification industrial space and, above all, we enable our customers to stay ahead of the curve to future-proof their businesses. THE FACILITY IS PURPOSE BUILT AND WILL ALLOW US TO SUPPORT THE CURRENT AND FUTURE DEMANDS ON THE NETWORK CREATED BY THE SIGNIFICANT GROWTH AMBITIONS WE HAVE. Mark Robinson, John Lewis Origin, Park Royal CREATING THE SPACE THAT ENABLES EXTRAORDINARY THINGS TO HAPPEN LONG-TERM INVESTOR AND PARTNER Selected by the GLA as the chosen development partner for East Plus A STRONG PARTNERSHIP Working in close collaboration with our occupiers, we have developed a customer-centric philosophy that has resulted in Design & Build transactions with internationally recognised brands such as John Lewis, DB Schenker, DHL Express and Bidvest. OF OUR OCCUPIERS RATE THEIR SATISFACTION WITH SEGRO AS GOOD OR EXCELLENT. Customer Satisfaction Survey 2015 COMMITTED TO CUSTOMER CARE Almost a century of supporting our customers growth - with some working with us since the beginning SURPASSED SPECIFICATION Delivering high-specification industrial properties that are built for the long term TRACK RECORD SEGRO s development team have successfully delivered nearly 10 million sq ft in the last four years across Europe. 77% FROM SMALL TO LARGE BUSINESS SPACE LIGHT INDUSTRIAL TRADE COUNTERS URBAN LOGISTICS BUSINESS SPACE REGIONAL & NATIONAL DISTRIBUTION CENTRES DATA CENTRES SEGRO HAS BEEN AN INTEGRAL PART OF OUR SUCCESSFUL EXPANSION AS A BUSINESS OVER THE PAST 20 YEARS. THEY HAVE SUPPORTED US THROUGH OUR GROWTH YEARS, BEING FLEXIBLE IN ACCOMMODATING OUR EVER-INCREASING NEED FOR SPACE, CULMINATING IN A BESPOKE FACILITY DESIGNED AROUND OUR REQUIREMENTS. Mike Perks, KARL STORZ (UK) Ltd Thames Valley
About SEGRO SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and light industrial property. It owns or manages 6.0 million square metres of space in 6.8 billion of assets (at 31 December 2015, excluding the office portfolio sold in January 2016, SEGRO s share totals 5.5 billion), serving customers from a wide range of industry sectors. Its properties are located around major conurbations and at key transportation hubs across ten European countries, principally in the UK, France, Germany and Poland. FOR FURTHER INFORMATION, PLEASE CONTACT: DEVELOPMENT Mark Snow mark.snow@segro.com +44 (0)1753 213508 LEASING Stephen Payne stephen.payne@segro.com +44 (0)1753 213472 MEDIA ENQUIRIES Lizzie Humphreys lizzie.humphreys@segro.com +44 (0)207 4519129 Paul Mussi paul.mussi@knightfrank.com John Bell j.bell@glenny.co.uk Paul Fitch pfitch@lsh.co.uk