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 […]

New Heathrow hub for DHL Express completed

Construction of DHL Express UK’s new South East operation and Head Office close Heathrow Airport has been completed and will be fully operational in early 2017. The 150,000 square foot facility developed by Airport Property Partnership (APP), a joint venture between SEGRO and Aviva Investors is based in Colnbrook, on the Western edge of Heathrow […]