on SEGRO PUBLIC LIMITED COMPANY (isin : GB00B5ZN1N88)
SELP Finalizes Acquisition of Logistics Assets in Europe
On March 6, 2025, SEGRO PLC announced that the SEGRO European Logistics Partnership (SELP) has completed the acquisition of a portfolio from Titanium Ruth Holdco Limited, formerly known as Tritax EuroBox. This acquisition, valued at €470 million, comprises six fully-leased modern logistics assets located in the Netherlands and Germany. The strategic hubs include Breda, Roosendaal, the Frankfurt corridor, and the Rhine-Ruhr region.
The portfolio spans 370,000 square meters of logistics space, generating approximately €24 million in headline rent. The transaction delivers a net initial yield of 5.0% and a net true equivalent yield of 5.4%. This move aligns with SELP's strategy to enhance its presence in key European logistics markets.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all SEGRO PUBLIC LIMITED COMPANY news