12th Feb 2016 07:39
LONDON (Alliance News) - SEGRO PLC on Friday confirmed it is in talks over a possible deal with Roxhill Developments, in a move to strengthen the real estate investment trust's presence in the UK big box logistics market.
"The arrangement would involve SEGRO and Roxhill working together over a period of years to develop a number of land sites in the Midlands and South East regions of the UK, which are currently held under option by Roxhill," SEGRO said.
SEGRO said there can be no guarantee of a deal going through.
By Samuel Agini; [email protected]; @samuelagini
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