As well as converting part of the 30-acre (12.1 hectare) site into warehouses, Segro Plc (SGRO.L) has set aside some of the land for new homes -- an unprecedented step for a company that has spent the best part of a century reshaping industrial land.
Rising prices across the real estate sector have boosted the value of many real-estate investment trusts (REITs). Because of this, earnings per share for many REITs have been inflated by valuation gains, which are non-recurring.
SEGRO plc has launched the 'Keep London Working' report, produced by Turley, which offers a critical insight into the importance of industrial land in London and the vital role it has in supporting the capital's future economic and population growth.
London South East (registration) (blog) - Feb 17, 2017
LONDON (Alliance News) - SEGRO PLC on Friday said the Brexit vote last June had "little apparent impact" on occupier and investment demand for modern warehousing in the UK, as SEGRO's net asset value rose over 2016.
Segro plc, one of Europe's largest industrial property company, celebrated the launch of the Segro Park Rainham development, which will see 333,948 sq ft of modern industrial development in the south of the borough.
Moodys.com (press release) (subscription) - Oct 8, 2016
The Baa2 rating primarily reflects SELP's strong market position in European logistics with total assets of EUR2.25 billion and the franchise value brought by SEGRO plc, its external manager and 50% equity partner. Other key strengths underpinning the ...