By Rupert Hargreaves Warehouse giant Segro has raised £900m from investors to invest in its pipeline of development projects. Announced after markets closed on Tuesday, the company initially said it would be looking to raise £800m from investors, but due to “strong demand received both from existing investors and potential new holders”, the board decided to upsize the offer. The offer has raised gross proceeds of £907m for the company, and at a price of 820p per share, represented a discount of 3.4 per cent to the closing price on the day the placing was announced. A portion of the offer was m…
