Segro JV scoops UK Logistics Fund

1st Feb 2012 07:50

Industrial property firm Segro and Moorfield Real Estate Fund have together, through their recently established joint venture (JV), completed the acquisition of the UK Logistics Fund from Hermes Real Estate Investment Management, Legal & General and LaSalle Investment Management.The move marks a significant step in the JV's intention to focus its portfolio on the highest quality assets in the strongest markets, including an intention to expand its portfolio of logistics assets under management.NR

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