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Segro Completes £120 Million Land Acquisition for Giant Hertfordshire Rail Freight Terminal

Development Will Include 3.6 Million Square Feet of Industrial and Was Backed By Government After Public Inquiry

Segro will build a terminal on the former Radlett Aerodrome. (Photo by QA Photos/Jim Byrne/Construction Photography/Avalon/Getty Images) (Getty Images)
Segro will build a terminal on the former Radlett Aerodrome. (Photo by QA Photos/Jim Byrne/Construction Photography/Avalon/Getty Images) (Getty Images)

Segro, the industrial developer and the UK's largest real estate investment trust, has completed the acquisition of 419 hectares of land in Hertfordshire for £120 million, unlocking plans for a massive rail freight terminal and logistcs scheme that it has battled to build for more than a decade.

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