UK REIT Segro has started work to deliver a refurbishment scheme on the Slough Trading Estate that will raise the bar in terms of its environmental sustainability.
The 20,210 sq ft (1,880 m2) unit is located on Bestobell Road at the East of the Slough Trading Estate in the UK and was built originally in 1988. The refurbishment will transform the unit into a state-of-the-art, environmentally sustainable industrial and warehouse space.
The refurbishment will be net-zero carbon in operation and is targeting a Breeam Excellent and an EPC A+ rating. It will include a wide range of sustainability features, including smart building sensors to enable energy-efficient operation of the building and photovoltaic panels on the roof which will save 26 tonnes of carbon emissions per year.
The redevelopment is part of Segro’s growing portfolio of low or zero-carbon developments and aligns with the company’s Responsible Segro commitments to champion low-carbon growth and be net-zero carbon by 2030.
James Craddock, managing director at Thames Valley, Segro, said: 'The refurbishment of older buildings is an important part of our journey to be net-zero carbon by 2030. This scheme at Bestobell Road is a great example of how these existing buildings, where appropriate, can be transformed into more modern, efficient, greener spaces that enable low-carbon growth now and into the future.'
The refurbishment is due to be complete in September 2022.
Slough Trading Estate is the largest privately-owned business park in single ownership in Europe. Over one third of the estate is less than 10 years old. The vacancy rate is just over 2%, with the remainder being leased to a mix of small and large businesses, across a diverse range of industry sectors. Local amenities including high street banks, restaurants, shops, fitness facilities and healthcare centres.