David Sleath, Segro chief executive, said: “The sale of the Bath Road offices is a key part of our strategy to focus on developing, owning and managing modern warehousing and light industrial property in and around major conurbations and at key transportation hubs.
“With this disposal, over the past four years, we will have disposed of over £2.2 billion of suburban offices and other, non-core, assets and invested over £1.7 billion in the acquisition or development of new assets.”