SELP completed the acquisition of six assets from Tritax EuroBox for €470m.

SEGRO European Logistics Partnership, a 50:50 joint venture between SEGRO and PSP Investments, completed the acquisition of a portfolio that totals 370k sq m of fully-leased, highly reversionary, modern logistics space, from Tritax EuroBox, a property investment company, for €470m ($488m). "We are delighted to have reached an agreement to purchase this portfolio of high-quality big box warehouses, located in some of Europe's most attractive logistics hubs. They will complement SELP's existing German and Dutch portfolios, offering both future rental growth potential and the ability to enhance returns through the benefits of increased scale," David Sleath, SELP CEO.