SEGRO PLC (LSE:SGRO), the FTSE 100 property company, has signed a pre-let agreement for a new powered shell data centre at its Slough Trading Estate and received planning approval for a fully fitted facility in west London.
The Slough deal, agreed with an existing customer, will deliver 30,000 square metres of data centre space across three floors of data halls and a roof-level plant deck.
The building will be connected to 50 megavolt-amperes (MVA) of power when fully operational, with the customer contracting that supply directly.
Slough Trading Estate is Europe's largest data centre hub, and planning permission for the new building is already in place through the estate's Simplified Planning Zone, which streamlines the approvals process for certain types of development.
Segro is targeting a BREEAM Excellent sustainability rating, a widely used benchmark for environmentally efficient buildings, for the project.
Separately, Segro has received planning committee approval for a fully fitted data centre at its Premier Park site in Park Royal, west London, developed in joint venture with Pure Data Centres Group.
That facility will have access to 70 MVA of incoming power and will feature closed-loop liquid cooling, a technology designed to reduce water consumption in energy-intensive buildings.
Andrew Pilsworth, Segro's managing director of data centres and strategic partnerships, said the announcements reflected progress in the company's strategy to develop its 2.5 gigawatt-plus pipeline of powered land.
Segro said it would continue working with stakeholders to finalise the planning process at Premier Park and secure a pre-let for that site.