APP begins Heathrow development

The Airport Property Partnership (APP) has started construction of an 8,000 m2 logistics development at Heathrow Airport.

APP, a joint venture between UK REIT Segro and Aviva Investors, said the scheme involves two facilities at North Feltham Trading Estate.

One of the facilities, comprising 6,500 m2, is pre-let to Toll Global Forwarding. The partnership has also decided to develop a 1,500 m2 facility on a speculative basis.

Andy Gulliford, director of APP and Segro's chief operating officer, commented: 'We have worked very closely with Toll Global Forwarding on their requirements and this new development will provide them with a secure, modern and efficient facility from which they can expand their operations. Additionally, as we are continuing to experience demand for our well located, high quality buildings, we are delighted to be undertaking speculative development in the prime Heathrow market for the first time in five years.'