Segro buys 70,689 sq metre business park in Italy for 84.5 mln eur

Real estate investment trust Segro PLC said it has acquired a 70,689 square metre business park in northern Italy from Europa Capital Partners for 84.5 mln eur, with a further 50,000 square metre for development. The company also said it is opening a new office in Milan to focus on developing flexible business space along the main motorway corridors in northern Italy.