Segro-Moorfield JV completes UK logistics deal

By A staff reporter 2012-02-01T00:00:00

A 50-50 joint venture of industrial REIT Segro and private equity fund manager Moorfield has completed the acquisition of the UK Logistics Fund (UKLF) for £315 mln (EUR 375 mln). The vendors were Hermes Real Estate Investment Management, Legal & General and LaSalle Investment Management.

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