Sells 4 warehouses (Il Sole 24 Ore Radiocor) - London, 19 Jul - The UK real estate investment trust Segro said that its joint venture Segro European Logistics Partnership (Selp) sold a portfolio of logistics warehouses in Italy for 327 million euros.

The portfolio consists of four warehouses, two located in Milan and two in Rome, and has a total floor space of 338,745 square meters. All of the warehouses were developed by Vailog Segro and the portfolio is fully leased to three different customers active in the online and traditional retail sectors, it added.

The portfolio generates a passing rent of 19 million euros and has an average weighted average unexpired lease term (WAULT) of 10.5 years.

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(RADIOCOR) 19-07-24 08:37:07 (0150) 5 NNNN