Stock Market News
Prices
SEGRO completes Munich disposal earlier than planned
05-02-2013 08:11
| Add To Google +1 | Tweet |
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.
The MPM site is a fully-let 155,000 square metre engineering and manufacturing facility acquired by SEGRO in 2007.
Speaking last month, the company said: "This is the first of the large non-strategic assets (identified as non-core at SEGRO's Investor Day in November 2011) to be sold in Continental Europe."
MF
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.
The MPM site is a fully-let 155,000 square metre engineering and manufacturing facility acquired by SEGRO in 2007.
Speaking last month, the company said: "This is the first of the large non-strategic assets (identified as non-core at SEGRO's Investor Day in November 2011) to be sold in Continental Europe."
MF
| Related share prices |
|---|
| SEGRO (SGRO) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
| Enter share symbol |
| Search share prices A to Z |
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce
- Banco Santander price
- Direct Line
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers
- Telecom plus
- Kier share price
- Punch taverns
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price