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SEGRO Sells Italian Warehouses for €327 Million

SEGRO Sells Italian Warehouses for €327 Million

Segro plc (REIT) (GB:SGRO) has released an update.

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SEGRO, through the SEGRO European Logistics Partnership, has completed the sale of a €327 million logistics warehouse portfolio in Italy, comprising four fully leased warehouses in Milan and Rome. This strategic move allows SEGRO to reinvest in new development and investment opportunities, following their century-long heritage as a leading warehouse and industrial property owner and developer across Europe.

For further insights into GB:SGRO stock, check out TipRanks’ Stock Analysis page.

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