SEGRO acquires 13-acre warehouse estate in London

SEGRO has acquired the 13-acre Electra Park warehouse estate in Canning Town, London, from Schroders for £133 million.

Alan Holland, Business Unit Director for SEGRO’s Greater London portfolio, said: “Situated on the edge of Zone 2, at the gateway between Central London and the rest of our East London assets, it is in an area that is currently undergoing significant redevelopment and modernisation.”

SEGRO was advised by JLL, Schroders were advised by Gerald Eve.