Segro hits disposal target

Segro, the industrial property specialist forever doomed to be remembered as Slough Estates, has offloaded some more non-core assets, bringing it above its disposal target for the full year.

Segro, the industrial property specialist forever doomed to be remembered as Slough Estates, has offloaded some more non-core assets, bringing it above its disposal target for the full year.

The sale of 10 "older" industrial estates across the south of England for £111m brings the total level of sales for the year to £503m, a crucial metric for Segro as it seeks to focus on high quality estates. The company had targeted sales worth £500m at the beginning of the year.

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