SEGRO today announced that data centre provider Infinity has signed a prelet agreement for a 125,000 sq ft facility on the Slough Trading Estate in Berkshire.
Infinity has agreed a 25-year lease with SEGRO for the development, with completion due in 2012.
Including this prelet, SEGRO has now acquired or built 17 data centres across its portfolio and has developed 1.4m sq ft for data centre operators.
SEGRO chief executive David Sleath said: “We have developed a very strong understanding of the requirements of this industry over the past 15 years and with our ability to develop build-to-suit solutions at secure locations, it is an industry sector where we expect to see continued growth.”
Infinity chief executive Martin Lynch said: “The area to the west of London is home to the highest concentration of IT and computing companies in Europe, so our move there is strategically advantageous.”
Nick.whitten@estatesgazette.com
