Modern Slavery Statement

Introduction

MILEWAY REAL ESTATE UK LTD, a limited liability company incorporated under the laws of the United Kingdom, with its registered office at 35 Great St. Helen’s (EC3A 6AP) London, United Kingdom, registered with the Companies House under number 11234254 and its associated companies ("Mileway") is the largest owner of last mile logistics real estate assets in Europe. It has a pan-European footprint, with approximately 1,000 assets across eight major European economies. Core markets of the UK, Germany, the Netherlands and France represent over 80% of the portfolio, with a growing presence in the Nordics and Southern Europe. The business is headquartered in Amsterdam, and has a dedicated team of over 150 staff, with a local presence in each of its markets.

This statement is made pursuant to section 54 Modern Slavery Act 2015 and sets out Mileway's actions to understand all potential modern slavery risks in relation to its business and to put in place steps aimed at ensuring that there is no slavery or human trafficking in its business and supply chains. As Mileway has been recently established, it cannot report in relation to its previous financial year and, therefore, this statement outlines what steps it is currently taking to ensure there is no slavery or human trafficking in its business and supply chains.

Mileway recognises that it has a responsibility to take a robust approach to slavery and human trafficking.

Organisational Structure and Business

Mileway is the largest last mile logistics real estate company in Europe. Mileway’s last mile real estate in and around cities gives Mileway’s customers direct access to the urban consumer.

Mileway has approximately 18 employees in the UK and also operates in the Netherlands (where Mileway is headquartered), Germany, France, Italy, Spain and the Nordics.

Our Supply Chains

Our supplier base includes property management agents, real estate brokers, professional advisers, insurance providers, asset maintenance, refurbishment and building contractors, providers of office services.

Our Policies on Slavery and Human Trafficking

We are committed to ensuring that there is no modern slavery or human trafficking in our supply chains or in any part of our business.

We have a Supplier Code of Conduct, which states that our suppliers must have in place adequate procedures to ensure that they are not directly or indirectly, through their supply chain, involved in any modern slavery or human trafficking. It also requires our suppliers to disclose to us if and when they discover any modern slavery or human trafficking issue within their own supply chain

We have a Whistleblowing Policy which encourages all members of staff to report suspected wrongdoing as soon as possible and in the knowledge that their concerns will be taken seriously and investigated as appropriate.

We have an Employee Handbook which sets out that our employees have an important role to play in the management of risk and this includes being alert to the risk of slavery, forced labour and human trafficking in our business and in the wider supply chain. Our employees have an important role to play and are expected to report any concerns within our organisation or supply chain. All such reports will be investigated.

Mileway is committed to act with integrity and this is central to the way we do business and crucial to our external credibility and reputation in the marketplace. As a business operating in the property investment market Mileway’s exposure to human rights risks, including modern forms of slavery, is limited.

Our Own Employees

We believe that the risk of any slavery or human trafficking in the employment or engagement of our own employees is low. Mileway operates a robust recruitment and engagement programme and we have provided guidance and training to our employees with hiring and procurement responsibilities to support our expectations and legal obligations in respect of equal opportunities and fair labour practices.

Due Diligence Processes for Slavery and Human Trafficking

We are working towards a risk-based approach for selecting and managing our supply chain to ensure that risk is appropriately dealt with.

For instance, in our supplier due diligence questionnaires, we are incorporating an approach which will require suppliers to confirm whether or not they are taking certain steps to mitigate the risk of modern slavery and human trafficking in their supply chain.

Training

To ensure a high level of understanding of the risks of modern slavery and human trafficking in our supply chains and our business, we will be providing training on modern slavery and human trafficking risk to key members of staff where it is most relevant.

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015.

Mileway Real Estate UK LTD 

Adopted by the board on 15 April 2020