SEGRO (SGRO)

Sector:

Property Investment Trusts

Index:

FTSE 100

899.00p
   
  • Change Today:
      9.00p
  • 52 Week High: 940.00
  • 52 Week Low: 679.20
  • Currency: UK Pounds
  • Shares Issued: 1,352.37m
  • Volume: 76,393
  • Market Cap: £12,158m
  • RiskGrade: 100

Segro sells Heathrow industrial estate for £80m

By Maryam Cockar

Date: Monday 19 Sep 2016

LONDON (ShareCast) - (ShareCast News) - FTSE 250 property developer Segro sold its Heston and Airlinks industrial estate near Heathrow airport for £79.5m to Capital Industrial, a property investment and management company.
Chief executive Phil Redding said the disposal reflected the company's "desire to focus our portfolio on more modern and less management-intensive assets, as well as the continuing, strong investor demand for multi-let warehouse assets in London".

He also said proceeds would help fund development of new warehouses in the company's core markets.

The estate has a vacancy rate of around 1% and an average lease length of 5.4 years.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SEGRO Market Data

Currency UK Pounds
Share Price 899.00p
Change Today 9.00p
% Change 1.01 %
52 Week High 940.00
52 Week Low 679.20
Volume 76,393
Shares Issued 1,352.37m
Market Cap £12,158m
RiskGrade 100

SEGRO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.28% below the market average95.28% below the market average95.28% below the market average95.28% below the market average95.28% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
31.15% above the market average31.15% above the market average31.15% above the market average31.15% above the market average31.15% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Income
22.55% below the market average22.55% below the market average22.55% below the market average22.55% below the market average22.55% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
5.22% above the market average5.22% above the market average5.22% above the market average5.22% above the market average5.22% above the market average
7.14% above the sector average7.14% above the sector average7.14% above the sector average7.14% above the sector average7.14% above the sector average

What The Brokers Say

Strong Buy 6
Buy 7
Neutral 7
Sell 0
Strong Sell 1
Total 21
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
  Final Interim
Ex-Div 14-Mar-24 10-Aug-23
Paid 03-May-24 22-Sep-23
Amount 19.10p 8.70p

Trades for 03-Jul-2024

Time Volume / Share Price
09:17 108 @ 899.00p
09:16 334 @ 899.20p
09:16 177 @ 899.40p
09:16 135 @ 899.60p
09:16 4 @ 898.60p

SEGRO Key Personnel

CEO David J R Sleath
CFO Soumen Das

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