USS acquires Segro's Great Western park for EUR 123m

By A staff reporter 2009-11-06T00:00:00

Segro announced on Friday that it has sold the Great Western Industrial Park in Southall, West London to the Universities Superannuation Scheme (USS) for £110.4 mln (EUR 123 mln). The investment volume reflects a net initial yield of 6.9%, which rises to over 7% once outstanding reviews are settled.

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