SEGRO’s joint venture with Canada’s Public Sector Pension Investment Board has raised €500m (£419m) through a new bond issue.
The SEGRO European Logistics Partnership has priced the seven-year senior unsecured bond issue at 138 basis points above euro mid-swaps, equating to an annual coupon of 3.75%.
The bond issue was more than eight times covered, with the proceeds earmarked to refinance debt.
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
