Segro agrees EUR 160m leaseback with DHL

By A staff reporter 2007-11-15T00:00:00

UK-based Segro is purchasing 36 logistics buildings in France for just under EUR 160 mln from global express delivery company DHL in a sale-and- leaseback deal. The properties provide a total annual rent of EUR 11.2 mln, representing a net initial yield of 7%. Segro said the portfolio offers 'both ...

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