on SEGRO PUBLIC LIMITED COMPANY (isin : GB00B5ZN1N88)
SEGRO Secures Pre-Let Agreement for New German Distribution Centre
On December 2, 2025, SEGRO PLC announced a pre-let development agreement for an 86,000 sq m distribution centre in Germany's Rhine-Ruhr region, with a major international retailer. This development reflects SEGRO's strategy of prime location investments and its emphasis on sustainable building practices.
The distribution centre will adhere to high sustainability standards, aiming to provide optimal energy efficiency and prioritizing employee well-being. Construction is slated to begin in spring 2026, with completion expected by mid-2027.
Marco Simonetti, SEGRO's Managing Director for Continental Europe, emphasized the competitive edge provided by their strategy and build quality. This agreement highlights SEGRO's capability to attract discerning occupiers to their prime locations.
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