SEGRO (SGRO)

Sector:

Property Investment Trusts

Index:

FTSE 100

880.40p
   
  • Change Today:
      5.60p
  • 52 Week High: 946.20p
  • 52 Week Low: 679.20p
  • Currency: UK Pounds
  • Shares Issued: 1,352.86m
  • Volume: 2,223,849
  • Market Cap: £11,911m
  • RiskGrade: 100

Segro sells warehouse portfolio for ?241m

By Frank Prenesti

Date: Tuesday 10 Dec 2019

LONDON (ShareCast) - (Sharecast News) - SEGRO said it had sold a portfolio of UK big box warehouses for £241m to a fund advised by Morgan Stanley Real Estate Investing in joint venture with Thor Equities Group.

The transaction was expected to complete by the end of the year, Segro said on Tuesday. The portfolio comprises seven stand-alone big box warehouses with a total floor space of 203,400 sq metres.

Chief executive Phil Redding said: proceeds of the sale would be recycled into Segro's existing and future development programme, including UK big box logistics parks developed using the Roxhill platform bought last year.

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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 880.40p
Change Today 5.60p
% Change 0.64 %
52 Week High 946.20p
52 Week Low 679.20p
Volume 2,223,849
Shares Issued 1,352.86m
Market Cap £11,911m
RiskGrade 100

SEGRO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.45% below the market average94.45% below the market average94.45% below the market average94.45% below the market average94.45% 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
40.05% above the market average40.05% above the market average40.05% above the market average40.05% above the market average40.05% above the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Income
17.08% below the market average17.08% below the market average17.08% below the market average17.08% below the market average17.08% below the market average
76% below the sector average76% below the sector average76% below the sector average76% below the sector average76% below the sector average
Growth
7.07% above the market average7.07% above the market average7.07% above the market average7.07% above the market average7.07% 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
  Interim Final
Ex-Div 08-Aug-24 14-Mar-24
Paid 20-Sep-24 03-May-24
Amount 9.10p 19.10p

Trades for 27-Sep-2024

Time Volume / Share Price
17:09 333 @ 880.40p
17:09 881 @ 880.40p
16:53 6,274 @ 881.34p
16:53 2,763 @ 881.34p
16:52 48,082 @ 880.40p

SEGRO Key Personnel

CEO David J R Sleath
CFO Soumen Das

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