Segro buys EUR 42m logistics portfolio in Lyon

By A staff reporter 2007-08-20T00:00:00

UK REIT Segro, formerly Slough Estates, is continuing its expansion in Continental Europe with the acquisition of a 50,000 m[sup]2[/sup] portfolio of eight warehousing and light industrial buildings close to Lyon's airport. It has agreed to pay EUR 42.5 mln at an initial yield of 6.7%, rising to 7.5% when ...

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