SEGRO Plc (LSE:SGRO) acquired Grand Union Trade Park and two assets in Wapping and Clapham in West London from abrdn and others for £195 million on April 25, 2022. SEGRO has acquired Grand Union Trade Park from abrdn. Grand Union Trade Park comprises 100,000 sq ft of industrial space across more than four acres. The asset in Wapping, to be known as SEGRO Park Wapping, will be the closest in SEGRO's portfolio to central London. The asset in Clapham, which will be named SEGRO Park Clapham, is located close to the high street and Clapham North underground station and is within the Nine Elms growth corridor. Both the Wapping and Clapham assets have been acquired with the intention of re-developing them into two industrial estates, delivering a combined 150,000 sq ft of net-zero warehouse space.

SEGRO Plc (LSE:SGRO) completed the acquisition of Grand Union Trade Park and two assets in Wapping and Clapham in West London for £195 million on April 25, 2022.