Tritax EuroBox accepts Brookfield £557m offer as Segro trumped
10th Oct 2024 07:05
(Sharecast News) - Canadian investment firm Brookfield has trumped Segro's effort to buy warehouse owner Tritax EuroBox with an agreed £557m offer.
Read moreSegro gives confident outlook with Tritax Eurobox takeover on track
26th Sep 2024 08:03
(Sharecast News) - Real estate group Segro said its business is performing well heading into the final months of the year as it progresses its £550m takeover of Tritax Eurobox, which is expected to close in the fourth quarter.
Read moreSegro prices €500m bond issue
18th Sep 2024 07:15
(Sharecast News) - Segro said it had priced €500m of senior unsecured bond issue for an eight-year term at 123 basis points above euro mid-swaps with an annual coupon of 3.5%.
Read moreLondon close: FTSE slips as US job openings miss forecasts
4th Sep 2024 15:00
(Sharecast News) - London stock markets ended Wednesday flat to lower as investors processed fresh economic signals from the US, particularly a lower-than-expected job openings report.
Read moreSegro to buy Tritax for £1.1bn including debt
4th Sep 2024 07:19
(Sharecast News) - Segro said on Wednesday that it has agreed to buy rival Tritax EuroBox in a deal with an implied enterprise value of around £1.1bn including debt.
Read moreLondon close: Stocks mixed as investors digest US inflation reading
30th Aug 2024 15:05
(Sharecast News) - London markets ended Friday with mixed results as investors assessed a series of economic data from the UK and the US.
Read moreJPMorgan lifts Segro price target
22nd Aug 2024 07:17
(Sharecast News) - JPMorgan Cazenove upped its price target on Segro on Thursday to 1,050p from 1,000p as it reassessed the outlook for the company following first-half results.
Read moreUBS downgrades Segro, cites weaker outlook for logistics rental growth
20th Aug 2024 17:22
(Sharecast News) - UBS downgraded Segro on Tuesday to 'neutral' from 'buy' and cut the price target to 985p from 1,045p due to a weaker outlook for logistics rental growth.
Read moreLondon close: Stocks finish higher as US inflation slows
26th Jul 2024 14:35
(Sharecast News) - London stocks ended the week on a positive note on Friday, with NatWest a standout performer, as investors digested a dip in inflation from across the pond.
Read moreSegro reports continued rental growth in its first half
26th Jul 2024 09:25
(Sharecast News) - Segro reported a strong financial performance and continued rental growth in its half-year results on Friday.
Read moreLondon close: Stocks fall on day of global IT chaos
19th Jul 2024 17:08
(Sharecast News) - London's stock markets closed in the red on Friday, affected by a significant global IT outage and a drop in UK retail sales.
Read moreLondon pre-open: Stocks set to dip, US political soap opera in focus
19th Jul 2024 07:04
(Sharecast News) - Stocks in London looked set for a muted start as investors digested the latest political headlines out of the US and their potential implications for the stock market.
Read moreSegro Europe JV sells Italian warehouses for €327m
19th Jul 2024 07:03
(Sharecast News) - A joint venture half-owned by SEGRO has sold a portfolio of logistics warehouses in Italy for €327m (£275m), the company said on Friday.
Read moreSegro buys three Dutch warehouses for €222m
27th Jun 2024 08:59
(Sharecast News) - Industrial real estate group Segro announced on Thursday it has snapped up three logistics warehouses in the Netherlands for €222m to expand its presence in a key logistics hub for Continental Europe.
Read moreCiti ups target for Segro on improving macro outlook
25th Jun 2024 11:58
(Sharecast News) - Citi has raised its target price for Segro from 1,069p to 1,149p and reiterated a 'buy' rating, hailing the industrial real estate group's structural growth ahead of an upcoming expected fall in interest rates.
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