SEGRO appoints new regional head to lead Thames Valley and Heathrow teams

A COMPANY that works across the Thames

Valley has welcomed a new senior leader to its team.

SEGRO has appointed Anna Bond as its head of western corridor, the largest in the group.

She is responsible for the overall leadership of the company’s development and asset management activities across the region, which has £5.3bn of assets under management

With more than 20 years’ experience in the real estate sector, she is coming to the firm from Grosvenor’s UK property business, where she was responsible for the delivery and letting of the UK development pipeline across office, retail, residential and public realm.

Since joining Grosvenor in 2008, Ms Bond has held senior positions in its flagship London estate, including leading asset, investment and property management.

She has also driven Grosvenor’s first net-zero office building at Holbein Gardens in Belgravia and other recent development milestones.

Her new role starts in June, and she will be reporting to Segro’s managing director, James Craddock.

“Anna will be a fantastic asset for SEGRO, our customers and our partners,” he said.

“She brings a wealth of experience in development, investment, property and asset management, and her broad real estate background will offer different perspectives and complement the industrial and logistics expertise within the rest of our UK leadership and Western Corridor teams.

“This is an exciting time to take the reins of SEGRO’s Western Corridor region which is the largest in our Group by value.

“We have an ambitious 10-year vision for the Slough Trading Estate, which will enable diverse and sustainable job opportunities and economic growth.

“We also have a leading cluster of data centres which continues to enable our customers to meet soaring demand from cloud computing and the digital economy, and we’re focused on driving performance of our strategic assets at Heathrow Airport.”

Kemble Water was due to make the payment on a £400 million debt on Tuesday, April 2.

Instead, it says it is exploring its options, and is asking lenders to take no action.

The firm also has a £190 million loan due to be repaid by the end of the month. Kemble is to ask lenders for an extension to its repayment terms.

Reuters reports that Kemble and Thames Water have a combined debt of £16 billion.

Kemble took on Thames Water in 2006.

The firm has been under troubled waters for some time.

In July last year, Thames Water said its shareholders agreed to provide a further £750 million in new equity funding with the first £500 million tranche of which was anticipated by March 31, subject to certain conditions being met.

These included the preparation of a business plan that underpinned a more focused turnaround with performance improvements for customers, the environment and