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SEGRO sells IQ for £90.1m

SEGRO has sold IQ business park in Farnborough for £90.1m – the first of six large non-strategic assets it is selling.

 

The industrial developer sold the Hampshire asset in two parts: Harbert Management and XLB Property bought the existing buildings and 18 acres of development land for £79.7m. Two future owner-occupiers paid £10.4m for a further 11 acres of development land.

 

21/04/12 Times 46

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