SEGRO plc to acquire Tritax EuroBox plc in all-share offer
09/04/24, 5:09 AM
Location
londonlondonIndustry
real estate
logistics
real estate
SEGRO plc has reached an agreement to acquire Tritax EuroBox plc through a recommended all-share offer. The acquisition aims to enable SEGRO to expand its portfolio of modern warehousing and logistics properties in Continental Europe, reinforcing its position as a leading real estate investment trust in the region.
Company Info
Location
London, England, United Kingdom
Company info
SEGRO plc is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.4 million square metres of space (112 million square feet) valued at £20.7 billion at 31 December 2023, serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries. For over 100 years SEGRO has been creating the space that enables extraordinary things to happen.