Segro
continues to divest its portfolio of assets with an announcement of a further
series of sales totalling a total of £159 million.
An
industrial site in Crawley, a site in Munich ,
and four industrial estates in Runcorn, Lymedale, Pucklechurch and East Midlands airport make up the latest assets to be disposed
of as part of a £1.6 billion divestment programme designed to turn round the
fortunes of the company. In the last 12
months assets values at £680million have been sold, but the current harsh
climate has still seen £180 million fall from the value of the remaining portfolio.
James
Alexander can help your organisation review your property and land portfolio
and develop strategies for better usage and utilisation, as well as determining
strategies for asset divestment, or acquisition. Get in touch and see how we could help. innovation@jaltd.co.uk
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