UK property company Segro said on Thursday it will continue to expand across Continental Europe in 2008 as it expects it will take months for the UK commercial market to recover from the turbulence in the credit and investment markets. Ian Coull , CEO of the industrial and business space provider, said that '2007 was a transformational year' for the company, noting Segro has achieved critical mass in Continental Europe where it currently owns a £1.4 bn portfolio of assets. The company said it will study potential new markets this year, with a focus on Central Eastern Europe.
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