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Segro Closes 4 Operations and Plans to Invest €1 Billion in Spain

The British real estate company is planning to invest €1 billion in the Spanish market over the next few years. It has just closed 4 turnkey logistics operations and pre-rentals in Madrid and Barcelona, spanning 92,000 m2 in total.

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Segro Logistics Park II in Getafe, which Área is marketing.

The British real estate company Segro, which specialises in the management of logistics assets, is planning to invest €1 billion in the Spanish market over the next few years. It has just closed 4 turnkey logistics operations and pre-rentals in Madrid and Barcelona, spanning 92,000 m2 in total.

The company, which currently has a portfolio worth more than €400 million that spans 440,000 square metres in Spain, wants to increase its investment to €1 billion “in the medium to long-term”, according to the group. Furthermore, its objectives include expanding its portfolio by 200,000 square metres in three years, mainly in the Madrid and Barcelona markets.

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