The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Heathrow: SEGRO lets additional cargo facility to Swissport

17 September 2018
Share
property-default
SEGRO has let a 36,000 sq ft facility to cargo handler Swissport UK, allowing the company 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 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.

Alan Holland, business unit director, Greater London, at SEGRO: “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.

Source: CoStar


Related topics

Related articles

Latest Deal Ticket

view more

Upcoming events

view more
01
May

South Coast Property Forum: Networking Lunch

Ennios Ristorante
Southampton
More info
23
May

Thames Valley Tech Forum: Networking Drinks

Malmaison Hotel
Reading, RG1 1JX
More info
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles