Schroders Capital has agreed a partnership with Be.EV which will see more than 200 ultra-rapid EV charging bays installed across 22 Schroders Capital-managed retail and leisure properties across the UK.

Be.EV will install ultra-rapid Kempower chargers (up to 300kW) capable of delivering up to 325 miles of range in as little as 20 minutes on some of the UK’s most prominent retail and leisure parks, where retailers include Sainsburys, Aldi, Lidl, Costa Coffee, KFC, McDonalds, Nandos, Pizza Express, Starbucks, Marks & Spencer and IKEA.

Be.EV, majority-owned by Octopus Energy Generation’s £1.5bn Sky Fund, will see a £20m of funding for the installation and maintenance of the 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, enhancing key retail destinations nationwide.

The new chargers are expected to have a significant positive financial impact on Schroders Capital’s occupiers. A survey last year found 57 per cent of drivers who use a public charger will go shopping or visit a cafe while charging their vehicle.

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