The Deal Sheet is a weekly compilation of Greater London and beyond’s biggest leases, sales, financing deals, construction updates and personnel moves. Have news you’d like to submit? Email mark.faithfull@bisnow.com. 
Segro has agreed heads of terms for the formation of a 50-50 joint venture with PSP to develop and operate three major UK logistics parks of approximately 10M SF, with a fully developed gross asset value of approximately £3B. When fully let, they are expected to deliver a £135M headline rent.
The logistics parks are in Radlett, Coventry and Northampton, currently comprising 2.4M SF of fully leased assets and 380 acres of developable land.
The…​