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Segro buys out its Belgian joint venture partner for €33.2 million

Segro announces that it has bought out KBC Real Estate’s (“KBC”) 50% stake in its Belgian logistics property joint venture for a total consideration of €33.2 million (£28.1 million).

Segro’s joint venture with KBC consisted of two logistics assets totalling 92,000 sq m of built space; one...

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