Prologis believes constructive engagement with Prologis remains the best path for the Board of SEGRO to maximise long-term value for SEGRO shareholders and wider stakeholders, for four compelling reasons:

  1. Prologis brings both a superior platform and a larger data center opportunity
  2. Prologis' platform creates advantages that cannot be replicated by SEGRO
  3. SEGRO's public market valuation reflects its structural constraints
  4. The strategic rationale is clear — constructive engagement creates the best outcome