18 September 2014
SEGRO completes disposal of Pegasus Park
Further to its announcement dated 7 July 2014, SEGRO plc ('SEGRO') confirms that it completed the €83.4 million (£66.2 million1) disposal of Pegasus Park on 17 September 2014.
1 Exchange rate as at 17 September 2014: €1.26 / £1
ENDS
Contact:
Harry Stokes, Head of Investor Relations and Research Tel: +44 (0)20 7451 9124
Stephanie Highett / Nick Taylor, FTI Consulting Tel: +44 (0) 20 3727 1000
About SEGRO:
SEGRO is a leading owner, asset manager and developer of modern warehousing and light industrial properties, with £4.5 billion of assets (at 30 June 2014, including joint ventures at share) principally concentrated in London's Western Corridor (including the Thames Valley) and in key conurbations in France, Germany and Poland. It also develops and owns warehouses in important distribution markets in the UK, Belgium, the Netherlands and the Czech Republic, and offices in Slough and Milan. The Group serves around 1,250 customers spread across a diverse range of industry sectors. It has 5.8 million square metres of built space under management and a gross passing rent roll of £266 million (SEGRO share).
For further information see www.SEGRO.com