Business News

Sixt signs up for 6,000 sq ft at Seneca's Slough property

Published by
Giles Gwinnett

Car rental giant Sixt has relocated its UK head office to the recently transformed Keypoint building in Slough.

Sixt has signed up for 6,000 sq ft and a ten year lease at Keypoint, which is owned by Seneca property.

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Andrew Baillie of Vail Williams who advised Seneca on the letting, said: "We are delighted to have advised on this deal and to have secured Sixt’s long-term future in Slough.

"With Keypoint’s central location and prime workspace offering, it is no surprise that this has proven to be the perfect fit for the Sixt brand to commit to for the long-term."

Seneca said it has worked with Sixt to deliver a bespoke, fully-fitted suite comprising of office, breakout, meeting and training areas.

It is the second large letting of the month at Keypoint with Thames Valley Buses going into a separate fully fitted suite.

Seneca Property CEO Jeff Morton said: "We’re delighted to welcome both Sixt and Thames Valley Buses to Keypoint.

"Since we acquired Keypoint we have more than doubled the occupancy, welcoming customers of all sizes to what is now a vibrant, modern asset in the heart of the local Slough business community.

"We remain very active in the office investment market and with significant capital to deploy looking for similar investment opportunities."

Formed in 2017, Seneca Property is the property investment arm of the Seneca group of specialist investment and lending companies.

Seneca Property has invested more than £200 million into a broad range of opportunistic property investments across different sectors with a typical seal size of £2 to 20m.

Giles Gwinnett

Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

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