Segro to be taken over by Prologis in £14.3bn deal

4th Aug 2026 07:48

(Sharecast News) - Segro said on Tuesday that it has agreed to be taken over by US logistics giant Prologis in a £14.3bn deal.

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Segro profits rise as investors await firm Prologis offer

30th Jul 2026 07:58

(Sharecast News) - Takeover target Segro on Thursday reported a solid first-half performance, with underlying rent growth driving a 6% increase in adjusted profits, supported by "positive momentum" in occupier markets.

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Prologis makes last-ditch £14bn bid for Segro as deadline looms

22nd Jul 2026 13:50

(Sharecast News) - Shares in Segro surged on Wednesday, after persistent suitor Prologis made a last-gasp "best and final" offer of £14bn for the British landlord.

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Berenberg raises target price on Segro

22nd Jul 2026 13:40

(Sharecast News) - Berenberg lifted its price target on Segro from 915p to 995p, saying this represented fair value at a 10% premium to adjusted net asset value, after modelling a substantial future value‑creation runway across the group's development pipeline.

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Prologis ramps up pressure on Segro as deadline looms

21st Jul 2026 08:59

(Sharecast News) - Prologis made a fresh tilt at takeover target Segro on Tuesday, as it appealed to shareholders ahead of a key deadline.

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Segro signs three new leases in Coventry

15th Jul 2026 09:40

(Sharecast News) - Segro said in an update on Wednesday that it has signed three new leases totalling around 540,000 sq ft at Segro Park Coventry, including pre-lets with Volvo Group UK and DIRKS Consumer Logistics, alongside a lease with GigaCloud Technology for a completed speculative warehouse.

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Prologis proposal 'inadequate, opportunistic and one-sided', says Segro

30th Jun 2026 13:02

(Sharecast News) - Segro said on Tuesday that it was confident in its standalone investment case as it accused Prologis of trying to buy the company "on the cheap" after the US real estate firm published an investor presentation outlining the strategic and financial rationale of a deal.

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Segro delivers 'strong operational performance' in Q1

23rd Apr 2026 08:10

(Sharecast News) - Property investment and development firm Segro said on Thursday that it had delivered a "strong operational performance" during the first quarter, with £23m of new headline rent contracted, including £12m of development lettings.

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Berenberg lowers target price on Segro, still expects 'plenty of growth'

31st Mar 2026 10:11

(Sharecast News) - Berenberg lowered its target price on property developer Segro from 1,067p to 915p on Tuesday, but said there was "still plenty of growth to come".

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Segro strikes deal to build shell data centre

16th Mar 2026 07:26

(Sharecast News) - Segro is to develop a UK data centre for an existing client, the real estate investment trust announced on Monday, part of its ongoing push into the booming sector.

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JPMorgan lifts Segro price target after 'constructive' FY results

4th Mar 2026 10:50

(Sharecast News) - JPMorgan lifted its price target on Segro on Wednesday to 915p from 885p as it took stock following "constructive" full-year results.

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Shore Capital hails promising outlook for Segro

20th Feb 2026 12:20

(Sharecast News) - Shore Capital has kept a 'buy' rating for Segro after strong results from the industrial real estate group on Friday, highlighting the company's "impressive" rental growth and the stock's attractive investment case.

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Segro posts record £99m of new rent as earnings, occupancy rise

20th Feb 2026 07:25

(Sharecast News) - Property developer Segro said on Friday that it delivered a "strong operating performance" in 2025, securing a record £99m of new contracted rent and posting 6% like‑for‑like growth in net rental income.

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Segro strikes pre-let development agreement with 'major international retailer'

2nd Dec 2025 07:15

(Sharecast News) - Property investment and development firm Segro has inked a pre-let development agreement with "a major international retailer" for an 86,000 square metre distribution centre in Germany's Rhine-Ruhr region.

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Berenberg upgrades Segro to 'buy' as it takes a look at UK real estate

5th Nov 2025 13:33

(Sharecast News) - Berenberg highlighted a number of ratings changes and key picks on Wednesday as it took a look at the UK real estate sector.

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