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Slough: JLL mandated by SEGRO as joint agent for Trading Estate

By Dan Teuton
2 August 2017

SEGRO has mandated JLL to join Cushman & Wakefield as joint agent on the Slough Trading Estate, Europe's largest single ownership multi-tenanted industrial estate. In addition Cushman & Wakefield has joined JLL as agent on Link 225, the major new scheme SEGRO is bringing forward on Slough's Bath Road.

JLL’s UK Industrial & Logistics Group has been appointed alongside Cushman & Wakefield to co-market all industrial warehouse voids across the whole of the Slough Trading Estate.

Cushman & Wakefield has advised SEGRO at the giant industrial landmark park for more than 10 years, at one stage jointly with Edwin Hill and then solely for the past few years.

Cushman and JLL have both been particularly active advising SEGRO in the key industrial and office heartland in recent years.

JLL advised AEW Europe on its acquisition of SEGRO's office holdings on the Bath Road in Slough at the end of 2015 for £325 million. CBRE advised SEGRO.

In 2014 Cushman & Wakefield advised Unilever on the sale of the former Sara Lee campus at 225 Bath Road to SEGRO. SEGRO had appointed JLL as adviser on the major scheme it is now bringing forward - Link 225 - and Cushman & Wakefield will now take on the joint leasing mandate.

Source: CoStar

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