Business
SEGRO SIGNS PRE-LET IN GERMANY
SEGRO plc has secured a pre-let development agreement for an 86,000 sq m distribution centre in Germany's Rhine-Ruhr region with a major international retailer. Construction is slated to begin in Spring 2026 and conclude by mid-2027, with the facility designed to high sustainability standards and prioritizing employee wellbeing. This agreement represents a significant commitment for one of SEGRO's newest German development schemes, underscoring the company's strategy of developing in prime locations and its focus on quality, sustainable spaces. Disclaimer*
About this update from Segro Plc
[{"type":"text","content":"\n\n\n \n2 December 2025\n \nSEGRO plc (\"SEGRO\")\n \nSEGRO signs pre-let for a 86,000 sq m\ndistribution centre in GERMANY\n \nSEGRO has signed a pre-let development agreement with a major international retailer for an 86,000 sq m distribution centre in the densely populated Rhine-Ruhr region of Germany.\nThe warehouse will be built to the highest of sustainability standards, offering the occupier the most modern, energy efficient space for their operations, and will also prioritise employee wellbeing.\nConstruction is expected to start on site in Spring 2026 and is due to complete in mid-2027.\nMarco Simonetti, Managing Director, Continental Europe at SEGRO, said:\n\"We are delighted to have secured a pre-let commitment for the largest plot on one of our newest development schemes in Germany. It demonstrates that our strategy to develop in the most prime locations, combined with our strong customer relationships and focus on building quality, sustainable spaces, gives us a competitive advantage and positions us well to attract the most sophisticated and exacting occupiers.\"\n \n \n \n \n \nCONTACT DETAILS FOR INVESTOR / ANALYST AND MEDIA ENQUIRIES:\n\n\n\n\nSEGRO\n\n\nSoumen Das (Chief Financial Officer)\n\n\nTel: +44 (0) 20 7451 9110\n\n\n\n\nClaire Mogford (Head of Investor Relations)\n\n\nTel: +44 (0) 20 7451 9048\n\n\n\n\nGary Gaskarth (External Communications Manager)\n\n\nTel: +44 (0) 20 7451 9069\n\n\n\n\nFTI Consulting\n\n\nRichard Sunderland / Eve Kirmatzis\n\n\nTel: +44 (0) 20 3727 1000\n\n\n\n\n \n \n \n \n \nAbout SEGRO\nSEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris. The company owns, manages and develops modern warehousing, industrial property and data centres across the UK and seven other European countries, with a portfolio of 10.8 million square metres of space (116 million square feet) valued at £21.4 billion at 30 June 2025.\nFounded in 1920, SEGRO's active approach to asset management and disciplined approach to capital allocation has created a portfolio of high-quality, sustainable buildings in some of Europe's largest cities and at key transport and digital infrastructure hubs.\nFrom big-box logistics to urban warehousing and data centres, SEGRO creates the space that ena...