REG - SEGRO PLC - SEGRO SIGNS PRE-LET IN GERMANY

SEGROAnnouncement

02/12/2025 07:00

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RNS Number : 7799J  SEGRO PLC  02 December 2025

 

2 December 2025

 

SEGRO plc ("SEGRO")

 

SEGRO signs pre-let for a 86,000 sq m

distribution centre in GERMANY

 

SEGRO has signed a pre-let development agreement with a major international
retailer for an 86,000 sq m distribution centre in the densely populated
Rhine-Ruhr region of Germany.

The warehouse will be built to the highest of sustainability standards,
offering the occupier the most modern, energy efficient space for their
operations, and will also prioritise employee wellbeing.

Construction is expected to start on site in Spring 2026 and is due to
complete in mid-2027.

Marco Simonetti, Managing Director, Continental Europe at SEGRO, said:

"We are delighted to have secured a pre-let commitment for the largest plot on
one of our newest development schemes in Germany. It demonstrates that our
strategy to develop in the most prime locations, combined with our strong
customer relationships and focus on building quality, sustainable spaces,
gives us a competitive advantage and positions us well to attract the most
sophisticated and exacting occupiers."

 

 

 

 

 

CONTACT DETAILS FOR INVESTOR / ANALYST AND MEDIA ENQUIRIES:
 SEGRO           Soumen Das (Chief Financial Officer)             Tel: +44 (0) 20 7451 9110
                 Claire Mogford (Head of Investor Relations)      Tel: +44 (0) 20 7451 9048
                 Gary Gaskarth (External Communications Manager)  Tel: +44 (0) 20 7451 9069
 FTI Consulting  Richard Sunderland / Eve Kirmatzis               Tel: +44 (0) 20 3727 1000

 

 

 

 

 

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock
Exchange and Euronext Paris. The company owns, manages and develops modern
warehousing, industrial property and data centres across the UK and seven
other European countries, with a portfolio of 10.8 million square metres of
space (116 million square feet) valued at £21.4 billion at 30 June 2025.

Founded in 1920, SEGRO's active approach to asset management and disciplined
approach to capital allocation has created a portfolio of high-quality,
sustainable buildings in some of Europe's largest cities and at key transport
and digital infrastructure hubs.

From big-box logistics to urban warehousing and data centres, SEGRO creates
the space that enables extraordinary things to happen. It provides the
infrastructure of modern economies and everyday life, enabling efficient,
low-carbon supply chains and digital connectivity across Europe, helping drive
growth and job creation. This space supports a diverse customer base including
retailers, manufacturers, logistics providers and technology companies.

SEGRO is committed to being a force for societal and environmental good,
prioritising Championing low-carbon growth
(https://www.segro.com/responsible-segro/carbon) , Investing in local
communities and environments
(https://www.segro.com/responsible-segro/community-investment-plans) , and
Nurturing talent (https://www.segro.com/responsible-segro/nurturing-talent) .

For more information, visit www.SEGRO.com (https://www.segro.com) .

 

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