SEGRO PLC SEGRO ACQUIRES STAKE IN SOFIBUS PATRIMOINE (0477C)
January 16 2018 - 10:32AM
UK Regulatory
TIDMSGRO
RNS Number : 0477C
SEGRO PLC
16 January 2018
16 January 2018
SEGRO ACQUIRES STAKE IN SOFIBUS PATRIMOINE
SEGRO plc, through its subsidiary SEGRO France ("SEGRO" or "the
Company"), has notified the Autorité des Marchés Financiers (AMF)
that it has acquired 19.39 per cent of the share capital of Sofibus
Patrimoine ("Sofibus") from Harwanne Compagnie de Participations
Industrielles et Financières ("Harwanne") for EUR20.5 million. The
price is in line with the average share price over the past three
months.
Sofibus is a French property company listed on Euronext Paris
with real estate assets valued at EUR190 million as at 30 September
2017. Its largest holding, representing a significant proportion of
assets under management, comprises 127,000 sq m of properties
within Le Parc d'Activités des Petits Carreaux, a 150,000 sq m
industrial estate located approximately 15 kilometres south east of
Paris.
The acquisition was financed using SEGRO's internal
resources.
ENDS
For further information, please contact:
SEGRO plc
Harry Stokes (Head of Investor Relations and Research)
Tel: +44 (0) 20 7451 9124 / harry.stokes@segro.com
Lizzie Humphreys (External Communications Manager)
Tel: +44 (0) 20 7451 9129 / lizzie.humphreys@segro.com
Richard Sunderland / Claire Turvey / Eve Kirmatzis (FTI
Consulting)
Tel: +44 (0) 20 3727 1000
Notes to Editors:
ABOUT SEGRO
SEGRO is a UK Real Estate Investment Trust (REIT), and a leading
owner, manager and developer of modern warehouses and light
industrial property. It owns or manages 6.3 million square metres
(68 million square feet) of space valued at over GBP8 billion,
serving customers from a wide range of industry sectors. Its
properties are located in and around major cities and at key
transportation hubs in the UK and in nine other European
countries.
See www.SEGRO.com for further information.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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