£30 million pound investment to Wynyard Park

A leading global technology services company is to invest £30m in premises at Wynyard Park.

Wynyard 360

EDS, an HP company, is investing millions of pounds to take occupancy of the business park’s 300,000 sq ft warehouse facility known as Wynyard 360. The unit was built speculatively by specialist property developer HelioSlough and then sold to BA Pension Trustees Funds.  EDS has now agreed to purchase the unit and convert it into a high tech data centre facility.

Founded in 1962, EDS is a leading global technology services company delivering a broad portfolio of business solutions to its clients around the world.

EDS was established in the UK in 1984. The company serves more than 120 clients across most industry sectors at more than 200 locations nationwide.

In the public sector, EDS is the largest supplier of IT services to the UK Government. EDS’ private sector clients include British Airways, BP, Rolls-Royce, Royal Bank of Scotland, Thorntons and Vodafone.

Sean Finnan, EDS’ UK Managing Director said:

“We are delighted to announce that we will be basing our latest UK operation at Wynyard Park.  We reviewed a number of locations across the North East and were impressed by the quality of the site and the exceptional facilities and services which Wynyard offered.”

Chris Musgrave, chief executive of Wynyard Park Ltd, the company that owns Wynyard Park, is delighted that the location has attracted a company of such worldwide standing.

“There have been very few buildings of this size built in the Tees Valley over the last decade and to do so speculatively and then find a purchaser like EDS is fantastic,” he said.

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