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Shares in Airbus have dipped by 0.5% this morning after Europen regulators ordered urgent inspections of 16 Airbus A380 planes.

The European Union Aviation Safety Agency issued an emergency airworthiness directive, after cracks were found in a wing component on some aircraft.

Segro may be the biggest fish in the UK REIT pond, but at a market cap below £10bn is a minnow compared to Prologis.

It remains to be seen whether the combination will go ahead - in our view Prologis would be reluctant to increase the offer materially and take it above NAV - but the very fact that it was deemed possible given the company’s pan-European footprint and 460 employees that make it a more complex transaction than its smaller peers means that the entire sector could be back in the shop window for even larger, foreign companies.