Slough at centre of new investment

Community Benefits  |  7 December 2016

Slough is an excellent place to invest and vital to West London – the town’s first property and investor day showed.

The day, run as a partnership between the council and UK Property Forums on 1 December, attracted developers, investors and businesses from across the region including Jules Pipe CBE, deputy mayor of London for planning.  

Speaking at the event at The Curve, Mr Pipe said: “We (in Slough) are on the growth corridor of London, particularly Crossrail and beyond its boundaries so we really want to work with Slough to achieve your growth ambitions and help each other to achieve our ambitions.”

As well as the speech by Mr Pipe, the investor day featured presentations and panel debates by:

  • Slough Urban Renewal – the 50:50 joint venture between the council and Morgan Sindall Investments Ltd

  • U+I – owners and developers of Brunel Place

  • Landid – owners and developers of The Porter Building

  • CBRE – commercial property consultants

  • Catalyst Capital – new asset managers of QueensmereObservatory shopping

  • Slough Borough Council interim chief executive, Roger Parkin and Paul Stimpson from planning policy.

Councillor Sohail Munawar, leader of Slough Borough Council, said: “Slough is a unique town with unique opportunities for investors and we are already seeing the results of the council’s ambitious growth strategy, with recent investments in Slough reaching into the hundreds of millions.

“A booming Slough ultimately means better services and more opportunities for residents, which is always our main aim.”

 

A Town filled with new opportunity

Councillor Zaffar Ajaib, commissioner for housing and urban renewal, who attended the event, said: “Residential and commercial property markets are both flourishing in Slough  and with Crossrail and Heathrow expansion in our future, Slough is becoming the centre of new opportunities.

“This investor and property day brought people together who will, or could be, part of Slough’s future to showcase how the council’s investment is generating more, how our proximity and importance to London is now being recognised by the top people in the London Mayoral office and ultimately, how we all benefit from Slough meaning business.”