SEGRO reshuffles its Heathrow advisers

Industrial REIT SEGRO has appointed dohertybaines, Savills and De Souza as joint agents for its Heathrow portfolio, one of the largest industrial agency instructions in the UK.

The portfolio totals more than 6m sq ft and includes more than 260 warehouses. It incorporates 3.5m sq ft of Airport Property Partnership assets in which SEGRO bought a 50% stake from BAA last June for £111.3m.

SEGRO's London markets business director Phil Redding said: "The newly-instructed agencies all have a proven track record in the Heathrow market and the wider industrial sector. I am certain their appointment will add real value."

For further information, please contact David O'Donovan.

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