Schroders Capital has outlined a partnership that will see the installation of more than 200 ultra-rapid electric vehicle (EV) charging bays installed across 22 Schroders Capital-managed retail and leisure properties across the UK.
The £20m investment will see EV charegpoint provider Be.EV fully fund the installation and maintenance of charging solutions at sites managed by five Schroders Capital real estate funds, including Schroder Real Estate Investment Trust and Schroders Capital UK Real Estate Fund.
The charging hubs, the majority featuring six to 12 charging bays, will be leased on a 20-year agreement with index-linked market rents.
The bays will feature ultra-rapid Kempower chargers (up to 300kW) that are capable of delivering up to 325 miles of range in as little as 20 minutes.
Legal agreements have been exchanged on the first three locations, with further exchanges expected imminently.
CEO of Be.EV Asif Ghafoor said: “Like the thousands of drivers who use our network each day, Be.EV is going places.
“This is a landmark deal for Be.EV and we are excited to help the big brands who occupy the retail parks in Schroders portfolio benefit from the increased footfall benefits EV charging brings.
“I would like to congratulate all the team at Be.EV for their hard work in securing this important deal.”
Achievements in EV charging infrastructure will be recognised and celebrated at the fourth annual CiTTi Awards on 25 November 2025 at De Vere Grand Connaught Rooms in London. Visit www.cittiawards.co.uk to learn more about this unmissable event for the UK’s transportation sector!
