Property merger – Segro and Brixton Estates

Posted on: June 24, 2009

Newspapers carried reports yesterday that Segro (formerly Slough Estates) had agreed to rescue its troubled rival – which had long been leading in the marketing stakes – Brixton Estates in a deal worth £107m.

Whilst they both operate in the same market place (industrial property) they have rather different cultures. It will be interesting to see how things develop.

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