SEGRO COMPLETES SALE OF ENERGY PARK MILAN

RNS Number : 7476K

SEGRO PLC

20 April 2015

 

20 April 2015

SEGRO COMPLETES SALE OF ENERGY PARK MILAN FOR €118.7 MILLION

Further to its announcement dated 10 March 2015, SEGRO plc confirms that it has completed the sale of Energy Park, Milan, to Hines Italia SGR for €118.7 million (£85.4 million, based on an exchange rate of €1.39:£1).

ENDS

For further information, please contact:

SEGRO plc

Harry Stokes (Head of Investor Relations and Research)

[phone] / [e-mail]

Lizzie Humphreys (External Communications Manager)

[phone] / [e-mail]

FTI Consulting

Richard Sunderland / Claire Turvey

[phone]

About SEGRO:

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and light industrial property. It owns or manages 5.7 million square metres of space in £6.0 billion of assets (at 31 December 2014, SEGRO's share of which totals £4.8 billion), serving 1,200 customers from a wide range of industry sectors. Its properties are located around major conurbations and at key transportation hubs across eight European countries, principally in the UK, France, Germany and Poland.

For further information see www.SEGRO.com/investors.

 

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