Two Birmingham business parks sold as part of £204.5m deal
25th June 2012
INDUSTRIAL property developer and owner Segro has sold two Birmingham business parks as part of a £204.5m disposal package as it seeks to re-shape its property portfolio.
Kings Norton Business Centre and Meteor Park in Aston - together with Heywood Distribution Park in Rochdale and Trafford Park in Manchester - have been sold to a fund advised by Harbert Management Corporation (Europe).
Segro has been seeking a buyer for the parks since the start of the year and the sale price represents a net initial yield of......for the full story register now for free or login below...
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