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Prologis lays out investment rationale for £12.6 billion Segro takeover but does it add up?

Ability to unlock latent value in data centre pipeline at heart of argument
Segro started life 100 years ago as the owner of the Slough Trading Estate. (CoStar)
Segro started life 100 years ago as the owner of the Slough Trading Estate. (CoStar)
CoStar News
June 30, 2026 | 11:24 AM

Prologis has stepped up its battle for Segro after a £12.6 billion takeover was rejected by laying out its investment rationale, while the latter has hit back by accusing the American real estate investment trust of "trying to acquire Segro on the cheap".

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