Segro lifts interim dividend as profit rises
5th Aug 2020 07:42
(Sharecast News) - Segro lifted its interim dividend on Wednesday as it posted a rise in profit and said the outbreak of the coronavirus accelerated the adoption of technology, in particular e-commerce.
Read moreSegro arranges EUR 450m private placement
24th Jul 2020 07:54
(Sharecast News) - Segro has arranged a private placement of €450m (£409.98m) in 12, 15 and 20 year senior unsecured notes, it announced on Friday, with a group of institutional investors, with the proceeds to be used for general corporate purposes.
Read moreSegro collects 93% of third-quarter UK rent
8th Jul 2020 07:01
(Sharecast News) - Segro said it had collected 93% of £37m in UK rent due for the third quarter after rearranging payments on £9m.
Read moreMonday broker round-up
22nd Jun 2020 13:30
(Sharecast News) - Ashmore Group: Berenberg downgrades to sell with a target price of 331p.
Read moreSegro exits Austria with sale of City Park Vienna
22nd Jun 2020 07:31
(Sharecast News) - Segro has sold City Park Vienna, comprising a cross-dock warehouse, a recently developed urban warehouse park and development land, to Nuveen Real Estate, it announced on Monday.
Read moreSegro increases fundraising by £30m to meet demand
10th Jun 2020 07:36
(Sharecast News) - Segro has increased the size of its fundraising by £30m because of strong demand for new shares issued to finance its expansion plans.
Read moreSegro goes cap in hand to investors for funds to pursue opportunities
9th Jun 2020 16:54
(Sharecast News) - Segro has launched a placing and share sale for retail investors with the object of raising £650m to pursue opportunities in the space.
Read moreSegro buys London warehouse site for £202.5m
8th Jun 2020 07:02
(Sharecast News) - Segro has bought a 34-acre warehouse site in West London for £202.5m from Federated Hermes.
Read moreSegro will still pay dividend as it faces Covid-19 crisis
2nd Apr 2020 07:23
(Sharecast News) - Segro said on Thursday that it is "very well capitalised" with a 26% loan-to-value ratio as at 31 March, alongside high liquidity and significant headroom to its financial covenants, as it faced the impact of the Covid-19 coronavirus pandemic.
Read moreMonday broker round-up
17th Feb 2020 13:05
(Sharecast News) - Hikma Pharmatheuticals: Citigroup downgrades to neutral with a target price of 1,980p.
Read moreLondon open: Stocks little changed as traders reassess coronavirus risks
14th Feb 2020 08:00
(Sharecast News) - Stocks slipped in early trading as traders grappled with the difficulty of pinpointing how far along China really was in controlling the outbreak of a new coronavirus in the country.
Read moreSegro earnings rise in decent 2019 performance
14th Feb 2020 07:24
(Sharecast News) - Property investment and development company Segro reported a 10.8% improvement in adjusted pre-tax profit in its full-year results on Friday, which it said reflected a record year of development completions, high customer retention rates, like-for-like rental growth and a low vacancy rate.
Read moreSegro chief investment officer Redding to step down
28th Jan 2020 10:49
(Sharecast News) - Property investment and development company Segro said on Tuesday that Phil Redding will step down as chief investment officer at the end of January and leave the company at the end of April.
Read moreFriday broker round-up
20th Dec 2019 12:28
(Sharecast News) - Segro: HSBC downgrades to hold with a target price of 869p.
Read moreDirector dealings: Segro director makes share purchase
13th Dec 2019 15:57
(Sharecast News) - Segro revealed on Friday that non-executive director Sue Clayton had purchased 7,000 ordinary shares in the FTSE 100-listed real estate investment trust.
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