SEGRO acquires full control of APP joint venture

SEGRO has acquired the remaining 50 per cent in the Airport Property Partnership (APP) joint venture from Aviva Investors as part of a £365 million deal. The APP includes the majority of Heathrow Airport’s airside cargo facilities and gives SEGRO total ownership of the £1.1 billion valued APP. The company paid £216 million in cash and the disposal to Aviva Investors […]