SEGRO secures eight new pre-lets
Listed property company SEGRO says it has secured no fewer than eight pre-let deals totalling almost 44,000 sq m since announcing its interim results last month. Five of the properties are in the UK – including two on the Slough Trading Estate, and a further three in south-east England.
The two Slough deals are for Selco Builders Merchants, an existing Segro client in Birmingham that has taken a 3,390 sq m warehouse facility; and Ragus Sugars, which has added 3,273 sq m in an expansion drive. The other three deals are subject to planning consent.
The pre-lets in Europe are in the Czech Republic, Poland and France. SEGRO’s CEO Ian Coull noted that this clutch of deals followed the group’s comments, at the time of its half-year results, that it had seen an “encouraging increase” in the levels of enquiries for available space.
