In a significant development within the logistics real estate sector, Segro has rejected a third acquisition proposal from American competitor Prologis, valuing the London-listed company at £13.5 billion. This rejection marks another chapter in an intensifying corporate battle, as Prologis continues its pursuit of the UK-based property group. The escalating takeover saga demonstrates the growing consolidation pressures within the industrial real estate market, highlighting strategic differences between the two logistics powerhouses.

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