EV charging infrastructure supplier Pod Point has secured a deal with property investment company Custodian REIT to roll out chargers across its estate.
The partnership with Pod Point is the result of a commitment by Custodian to install EV charging across all its retail warehousing sites by 2025, in addition to a phased roll out across office and industrial assets.
The agreement will see Pod Point install EV chargers at 12 sites over 2022 and 2023, with a view to Custodian retaining the EV charging firm to continue its EV charging roll out across future acquired assets for both public and tenant use.
The 12 sites comprise nine retail assets and three workplace locations for use by Custodian’s commercial tenants. Each retail location will be installed with at least four rapid charging bays offering 75kW or 100kW speeds to retail customers. 7kW chargers will be installed in the office locations.
Commenting on the partnership, Richard Shepherd-Cross, managing director of Custodian Capital Limited, the company’s external fund manager, said: “Pod Point is playing an integral role in helping us achieve our ESG goals while also enabling us to futureproof our retail and industrial assets as we transition to an electric future. The provision of EV charging across our retail estates also significantly enhances the properties’ occupier appeal by increasing customer footfall and dwell time. We are well on track to rolling EV charging points out widely across our portfolio.”
Erik Fairbairn, CEO of Pod Point, added: “ESG has become an imperative for many investors and we’re delighted to be working with Custodian REIT to help them achieve their ambitious goals in this area.”
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