15th Jun 2006 14:32
Slough Estates PLC15 June 2006 15 June 2006 £15m datacentre to be built at slough trading estate - IXEurope to locate largest London facility in the Trading Estate - Slough Trading Estate today announced that IXEurope plc will locate its largestLondon datacentre on the estate, representing an initial investment of around£15 million. Prior to handing the building over to IX Europe the Slough TradingEstate will itself invest over £6m on what is currently a vacant site. One of Europe's largest and fastest growing datacentre outsourcers, IX Europehas signed a 20 year lease and construction agreements with Slough TradingEstate for a facility of almost 80,000 sq ft. Construction of a specially builtshell for the 'London4' IXDatacentre will begin this summer. Stephen Bailey, Regional Director of Slough Trading Estate commented: "We are delighted that IXEurope has chosen a location on the trading estate. Ourability to meet all of the power supply requirements for this specialist use, inaddition to the broad package of benefits on offer to our customers, such as ourexcellent transport links, award-winning security and IT and cableinfrastructure, ensure that Slough Trading Estate is a leading location forbusiness continuity." Russell Poole, UK General Manager of IXEurope added: "The requirement to fund this expansion was a significant element in ourdecision to float earlier this year. We have successfully placed major anchorcustomers in each of the three new IXDatacentres we acquired elsewhere over thepast 12 months and given the current traction of our UK operation, we areconfident of a similar result when we open this London4 IXDatacentre in H12007". Willcocks Web represented Slough Trading Estate for the deal, whilst CB RichardEllis acted for IXEurope. -ENDS- For further information please contact: Slough Estates plcMichael Waring, Director of Corporate Communications Tel: 01753 213335 MaitlandColin Browne/Peter Ogden Tel: 0207 379 5151 IXEurope plcGuy Willner, Chief Executive 020 7689 1400Karen Bach, Chief Financial Officer Slough Estates International Slough Estates is the leading European provider of flexible business space andowns business parks in Europe and North America, with four million square metresof business space and over 1600 customers (as at 31 December 2005). SloughEstates' properties are in suburban locations in close proximity to the mainbusiness centres, where there is long term demand for business accommodation toserve these key economic regions. The company's main activities are currentlybased around London, Brussels, Paris, Dusseldorf, Amsterdam, San Francisco andSan Diego and the company continues to develop new business parks with the longterm objective of building shareholder value and enhancing its reputation forquality buildings offering excellent value to customers. For furtherinformation, please visit the website: www.sloughestates.com About Slough Trading Estate Founded in 1920, Slough Trading Estate was the world's first trading estate and,to this day, is the largest business centre of its kind in Europe under singleprivate ownership. The Estate covers 196 hectares and includes a total of around700,000 sq. m of business space, occupied by over 400 companies and 20,000people. The Estate provides a wide range of accommodation from 44 sq. m unitsfor small start-up companies, to space for major international companies. Slough Heat & Power operates a power station on the Trading Estate providingenergy and heating to 450 companies from renewable sources, such as woodchipsand non-recyclable waste from its customers. About IXEurope IXEurope is one of Europe's fastest growing providers of datacentre services.Its principal activities include primary datacentre services, connectivityservices and business continuity solutions. IXEurope works with enterprise and internet customers to provide resilientdatacentre infrastructure to house their IT systems far more cost-effectivelythan through in-house provision. The benefits include optimised IT performance,improved systems availability and reduced corporate risk through improvedregulatory compliance. By continually focusing on quality, IXEurope also givesclients exceptional service levels and on-site access to a high level oftechnical expertise. With award winning datacentre facilities in key European cities, broadtechnology expertise and a proven track record, IXEurope provides solutions thatgive customers the confidence that their operations are protected. The Companyhas over 400 customers in the enterprise, internet and networking marketsincluding Merrill Lynch, Google, Network Rail and France Telecom. Founded in 1998, IXEurope was listed on the London Stock Exchange in April 2006. For more information please visit the website at www.ixeurope.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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