UK: Segro acquires full ownership of APP for €418.6m (GB)

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Segro has acquired the 50% interest in the Airport Property Partnership joint venture (‘APP’) it does not already own for €418.6m (£365m). The vendor is Aviva Investors, which acted on behalf of its clients. The consideration for the transaction comprises €247.8m of cash and the disposal to Aviva Investors of €170.9m of assets.

Read more on: europe-re.com

Source : UK: Segro acquires full ownership of APP for €418.6m (GB)