You are here

Prices & Quotes - UK Markets - SEGRO (SGRO)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 1,398.00p
Change Today:
-2.00p
Market Cap:
16,810m
Sector:
Real Estate Investment Trusts

Segro sells six warehouses in Italy for EUR 128m

By Josh White

Date: Friday 16 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Segro has agreed the sale of a portfolio of six Italian urban warehouses for €127.5m (108.91m) to AXA IM Alts, it announced on Friday, on behalf of clients.
The AIM-traded firm said the warehouses were developed by SEGRO-Vailog for a "global online retail company", to support the growth of its distribution network in Italy.

It said the portfolio has a total floor space of 56,000 square metres, with the warehouses located in Florence, Burago, Padua, Parma and Verona.

Five of the sales had already completed, and the sixth would complete later in the year, following practical completion of additional works.

"We developed and delivered these warehouses for one of our key customers to support their expansion plans. Investor demand for prime, modern industrial assets is very strong in Italy as a result of the rapid growth of e-commerce," said managing director of group investment David Proctor.

"The warehouses within this portfolio are located outside our core markets so we have chosen to capitalise on buoyant market conditions to sell this portfolio at a price materially ahead of December 2020 book value.

"We will be recycling the capital into exciting opportunities in other parts of Italy."

At 0800 BST, shares in Segro were up 0.64% at 1,175.5p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

SEGRO Market Data

Currency UK Pounds
Price 1,398.00p
Change Today -2.00p
52 Week High 1,416.50p
52 Week Low 875.80p
Volume 1,687,498
Shares Issued 1,202.44m
Market Cap 16,810m
Beta 0.55

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Income
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. half sector star
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
PEG
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star

What The Brokers Say

Strong Buy 8
Buy 1
Neutral 7
Sell 0
Strong Sell 1
Total 17
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SEGRO Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Aug-21 18-Mar-21
Paid 24-Sep-21 04-May-21
Amount 7.40p 15.20p

Trades for 26-Nov-2021

Time Volume / Share Price
16:35 652,771 @ 1,398.00p
16:29 1 @ 1,400.00p
16:29 20 @ 1,400.00p
16:29 227 @ 1,400.00p
16:29 23 @ 1,400.00p

SEGRO Key Personnel

CEO David J R Sleath
COO Andy Gulliford
Chair Gerald Corbett
CFO Soumen Das