Segro has received an 86.53% take-up for its placing and open offer to raise £250m to fund the purchase of Brixton, its rival. The remaining 13.47% will be allocated to investors.
Segro has completed the biggest property company takeover of the downturn so far and successfully bought its industrial rival REIT, Brixton.
Urban Exposure gains traction while St Modwen sees 6.26% drop off.
Intu’s chief executive Matthew Roberts has stepped down a week after the company collapsed into administration.
NAEA Propertymark chief executive Mark Hayward will retire at the end of this year after seven years in the role.
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