Prologis announces Best and Final Proposal for SEGRO
The all-share offer with a £3.5bn cash alternative values SEGRO at £14bn and requests a deadline extension.
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Global logistics real estate company
prologis.comLast updated
In short: Prologis raised its 2026 outlook following record leasing activity and proposed a major acquisition of SEGRO to expand its UK presence.
The all-share offer with a £3.5bn cash alternative values SEGRO at £14bn and requests a deadline extension.
The company acquired 8.66 acres in Trafford Park to build a 200,000-sq-ft all-electric facility targeting BREEAM Outstanding and EPC A+.
The offer values SEGRO at £13.5bn and includes up to £2.7bn cash.
Record leasing of 67 million square feet and improved occupancy drive earnings beat; core FFO per share up to $1.63
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