UK's Segro to form joint venture for UK logistics parks worth £3 billion
01/07/2026 11:14
UK's Segro to form joint venture for UK logistics parks worth £3 billion July 1 (Reuters) - British warehouse landlord Segro SGRO.L said on Wednesday it had agreed heads of terms for a joint venture with a major international institutional investor to develop and operate three UK logistics parks, with a fully developed gross asset value of about 3 billion pounds ($3.97 billion).
($1 = 0.7550 pounds)
(Reporting by Nithyashree R B in Bengaluru; Editing by Tasim Zahid)