SEGRO plc has signed a pre-let agreement with Primark for the development of the fashion retailer's first Italian depot. The new facility, covering 81,000 square metres, will be located in Alessandria, strategically positioned near the port of Genoa to serve all Primark stores in Italy and support the company's expansion plans. The depot will be developed on a built-to-suit basis, tailored to Primark's specific requirements, and will target BREEAM New Construction 'Excellent' and BiodiverCITY® certifications to promote sustainability and biodiversity. This investment coincides with Primark's ongoing growth in Italy, marked by the opening of its 20th store in Biella.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SEGRO plc published the original content used to generate this news brief on November 25, 2025, and is solely responsible for the information contained therein.
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