Last checked at 30 Jul 2013 14:00
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.
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For further information please contact:
SEGRO
Kate Heseltine (Investor Relations): +44 (0) 207 451 9042
Tulchan
David Shriver / Peter Hewer: +44 (0) 20 7353 4200
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