London-listed Segro has invested €222m to acquire three fully-leased logistics warehouses in the Netherlands in separate transactions.
The European industrial and urban warehouse real estate investment trust said it has acquired a 172,300sqm logistics estate in Eindhoven from Nuveen; a 37,800sqm asset in Heerlen in the De Beitel industrial estate from VolkerWessels & Vestum; and a 36,500sqm logistics warehouse in the Vossenberg industrial estate in Tilburg from Abrdn.
The assets currently generate around €10m of headline rent, which Segro said will almost double the headline rent attributed to the share of its portfolio in the…
