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