US-based real estate specialist Thor Equities has offered £240 mln (€266 mln) for seven logistics properties owned by Segro in the UK.

US investor Thor makes offer

US Investor Thor Makes Offer

The portfolio comprises 61,569 m2 and will mark Thor’s debut in the UK logistics sector, if a deal is done.

PropertyEU understands the offer on the table to be €266 mln.

The sale forms part of a capital recycling programme by Segro, with the REIT aiming to offload £150 mln to £250 mln of assets this year, according to reports.