IQ Winnersh disposal completed

RNS Number : 4851K

SEGRO PLC

30 July 2013

 

30 July 2013

SEGRO completes the sale of IQ Winnersh for £245.1 million

Further to its announcement of 22 July 2013, SEGRO is pleased to advise that it has today completed the sale of IQ Winnersh for £245.1 million in cash to a joint venture between Oaktree Capital Management LP and Patrizia AG.

- ENDS -

For further information please contact:

SEGRO

Kate Heseltine (Investor Relations):  [phone]

Tulchan

David Shriver / Peter Hewer: [phone]

About SEGRO:

SEGRO is a leading owner, asset manager and developer of modern warehousing, light industrial and data centre properties, with £4.7 billion of assets (as at 31 December 2012, including our share of joint venture assets) principally concentrated in London's Western Corridor (including the Thames Valley) and in key conurbations in France, Germany and Poland, as well as suburban office buildings in the Thames Valley, Brussels and Milan.

The Group serves over 1,300 customers spread across a diverse range of industry sectors. It has 5.3 million sq m of built space and a passing rent roll of £318 million (as at 31 December 2012).  For further information see www.SEGRO.com

 

END

 

 

DISEAAXEDLEDEFF