Segro, the UK-based provider of flexible business space, has announced the acquistion of BAA's 50% interest in the Airport Property Partnership (APP) for £111.3 mln (EUR 128 mln) in cash. APP is a 50/50 joint venture with Aviva Investors, focused on airport-related industrial assets in and around major UK airports.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
