Prologis proposes £12.6 billion all‑share acquisition of UK REIT SEGRO

Prologis Inc. sent a proposal to the board of UK real‑estate investment trust SEGRO plc offering an all‑share transaction that would value SEGRO at about £12.6 billion, representing a premium of roughly 25‑30 % to recent share levels. Under the terms, SEGRO shareholders would receive 0.084 new Prologis shares for each SEGRO share and would own about 10.5 % of Prologis after completion. The SEGRO board rejected the proposal on 23 June 2026.

Separately, R.E.A. Holdings plc announced that its affiliate R.E.A. Services Limited will purchase 7.5 % dollar‑denominated notes amounting to $7.26 million at par on 30 June 2026, following a previously approved extension of the notes’ redemption date to 31 December 2028. A rollover fee of $0.01 per $1 nominal will be paid to note‑holders who did not sell through the facility.