Segro mulls €266m offer from Thor Equities for UK logistics portfolio

US-based real estate specialist Thor Equities has offered £240 mln (€266 mln) for seven logistics properties owned by Segro in the UK.

The portfolio comprises 61,569 m2 and will mark Thor’s debut in the UK logistics sector, if a deal is done.

PropertyEU understands the offer on the table to be €266 mln.

The sale forms part of a capital recycling programme by Segro, with the REIT aiming to offload £150 mln to £250 mln of assets this year, according to reports.

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