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Evening Standard
Evening Standard
Business
Simon Read

Film and 10-minute grocery boom boost warehouse giant Segro

Camden Town Brewery’s Enfield facility, rented by Segro

(Picture: Segro)

London’s attractiveness as “the beating heart of the UKeconomy” has led to soaring demand for space to store food and make films, according to industrial property giant Segro.

The FTSE 100 company reported rents up 24% in its industrial base in London, where it leases warehouses to traditional manufacturing and e-commerce businesses as well as accommodating the growth of quick commerce, or “q-commerce”, where grocery firms deliver fresh food within an hour.

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