SEGRO to develop 86 acres in east London

Grant Prior 9 years ago
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Property giant SEGRO has signed a deal with the Mayor of London to redevelop 86 acres of industrial land in east London.

The sites spanning Newham, Barking & Dagenham and Havering will be turned into urban logistics and light industrial spaces over the next ten years with SEGRO planning to invest £180m.

The sites are known collectively as East Plus and sit on both sides of the A13 corridor.

Work will see five sites rejuvenated to contain 1.4 million sq. ft. of new urban logistics and light industrial spaces.

Ric Blakeway, Deputy Mayor for Housing, Land and Property, said: “As part of the Mayor’s vision for east London, we are working hard to create a mixture of residential and commercial property. Industrial life has long been the lifeblood of communities and SEGRO have great plans to promote training, education and employment.”

David Sleath, SEGRO Chief Executive, said: “We have the commitment, expertise and knowledge to help the GLA meet the needs of a growing population and deliver one of the most sustainable and attractive industrial areas in London and the South East, as well as creating over 6,500 jobs across a range of sectors.”

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