SEGRO completes Munich disposal earlier than planned

FTSE 250 listed European-focused industrial property specialist SEGRO has completed the disposal of the MPM site in Munich earlier than originally planned.

FTSE 250 listed European-focused industrial property specialist SEGRO has completed the disposal of the MPM site in Munich earlier than originally planned.

The sale €65m sale (approximately 56m pounds), first announced on January 8th, was originally pencilled in a £53m and was expected to be completed in March.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.