Segro reports robust rent roll growth in first quarter
18th Apr 2024 08:29
(Sharecast News) - Segro reported robust growth in its rent roll in a trading update for the March quarter on Thursday, driven by favourable occupier market dynamics.
Read moreBarclays gives Segro a double upgrade
3rd Apr 2024 08:44
(Sharecast News) - Barclays has upgraded its rating on industrial real estate group Segro by two notches from 'underweight' to 'overweight' as part of its review of the European warehouse sector.
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreLondon close: Stocks fall as US inflation tops forecasts
14th Mar 2024 16:33
(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.
Read moreSegro raises £907m in placing to pursue growth opportunities
28th Feb 2024 07:25
(Sharecast News) - Real estate investment trust Segro said on Wednesday that it had raised gross proceeds of £907m in a placing to pursue additional growth opportunities.
Read moreSegro to raise £800m in placing to pursue growth opportunities
27th Feb 2024 17:11
(Sharecast News) - Real estate investment trust Segro said on Tuesday that it was planning to raise around £800m in a placing to pursue additional growth opportunities.
Read moreLondon close: Stocks rise as UK retail sales rebound
16th Feb 2024 14:59
(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.
Read morePre-tax losses narrow at Segro as rents rise
16th Feb 2024 07:14
(Sharecast News) - Property firm Segro struck an upbeat tone on Friday, after pre-tax losses narrowed and rental income improved.
Read moreLondon close: Stocks maintain gains on fresh UK optimism
22nd Jan 2024 17:30
(Sharecast News) - London markets finished with a positive performance on Monday, following the lead of Wall Street's strong gains towards the end of the previous week.
Read moreBroker tips: Segro, Sage, CMC Markets
22nd Jan 2024 14:32
(Sharecast News) - Citi upgraded Segro on Monday to 'buy' from 'neutral', saying it estimates that as rates decline, the risk to its previous estimates of deep recession rent declines reverses and it now expects growth.
Read moreCiti upgrades Segro to 'buy' from 'neutral'
22nd Jan 2024 09:50
(Sharecast News) - Citi upgraded Segro on Monday to 'buy' from 'neutral', saying it estimates that as rates decline, the risk to its previous estimates of deep recession rent declines reverses and it now expects growth.
Read moreGoldman cuts Segro to 'sell' on leverage concerns
1st Nov 2023 09:51
(Sharecast News) - Shares in Segro were hit on Wednesday after Goldman Sachs downgraded its rating on the UK real estate investment trust from 'neutral' to 'sell', citing "balance sheet constraints".
Read moreSegro confident on robust rent roll growth
18th Oct 2023 07:11
(Sharecast News) - Segro reported robust rent roll growth for the year to date in a trading update on Wednesday, as well as a promising outlook on the back of its active asset management.
Read moreMorgan Stanley sees 'compelling' opportunity with UK property stocks
26th Sep 2023 09:24
(Sharecast News) - UK real estate investment trusts (REITs) offer a "compelling" investment opportunity, according to analyst at Morgan Stanley, who said that the sector could soon see a recovery as challenging macro conditions slowly begin to ease.
Read moreSegro raises dividend after solid first half
27th Jul 2023 07:04
(Sharecast News) - Property investor and developer Segro described a solid first-half performance in its interim results on Thursday, with adjusted pre-tax profit reaching £198m, up 2.6% year-on-year.
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