Segro has sold a portfolio of UK industrial assets to two property funds managed by Ignis Asset Management for £80.2m. Segro says this is part of its new strategy to focus its industrial portfolio on London and the South East. The five non-core UK ... Read more
Segro has reported “a good level of enquiries” for its portfolio despite the uncertain economic climate, and a further fall in its vacancy rate to 10.2% as of 30 September, compared with 11.4% at the end of June. The group says it secured £11.9m ... Read more
Segro last week announced the sale of six industrial estates in London for £38.2m to the Industrial Property Investment Fund, managed by Legal & General Property. The six freehold estates have a total lettable space of 43,114 sq metres. The ... Read more
Segro today told investors that it had seen a good level of enquiries so far this year, with demand for lettings in its key markets building on the momentum in the second half of 2010. However, it cautioned in a trading update to the London Stock ... Read more
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 ... Read more
European commercial property group Segro this week said it was restarting its development programme in response to specific occupier demand “with a carefully selected number of pre-let developments”, as there was limited new supply coming on ... Read more
