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Share Name Share Symbol Market Type Share ISIN Share Description
Segro Plc LSE:SGRO London Ordinary Share GB00B5ZN1N88 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  9.50 0.89% 1,075.50 7,338,488 16:35:19
Bid Price Offer Price High Price Low Price Open Price
1,070.00 1,071.00 1,077.00 1,058.50 1,063.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 546.00 4,355.00 339.00 3.2 13,004
Last Trade Time Trade Type Trade Size Trade Price Currency
18:11:15 O 827 1,070.892 GBX

Segro (SGRO) Latest News (1)

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Segro Investors    Segro Takeover Rumours

Segro (SGRO) Discussions and Chat

Segro Forums and Chat

Date Time Title Posts
28/7/202216:32SEGRO 2009 - industrial property potential600
17/2/200914:35SEGRO (Slough Estates) with charts73
20/6/200709:32fake hammer formation on slough estate7

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Segro (SGRO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-08-12 17:11:251,070.898278,856.28O
2022-08-12 16:49:531,074.781,16012,467.45O
2022-08-12 16:48:431,075.505555,969.03O
2022-08-12 16:48:141,075.5030322.65O
2022-08-12 16:48:121,075.503,07333,050.12O
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Segro (SGRO) Top Chat Posts

Segro Daily Update: Segro Plc is listed in the Real Estate Investment Trusts sector of the London Stock Exchange with ticker SGRO. The last closing price for Segro was 1,066p.
Segro Plc has a 4 week average price of 1,005p and a 12 week average price of 946.80p.
The 1 year high share price is 1,508p while the 1 year low share price is currently 946.80p.
There are currently 1,209,090,778 shares in issue and the average daily traded volume is 2,678,746 shares. The market capitalisation of Segro Plc is £13,003,771,317.39.
jonwig: H1 results: Should dispel any lingering doubts about ex-growth. NAV is 1212p, so it's moved from a big premium to a discount of 15% in the last three months. Should recover most of that.
nexusltd: @jonwig : Agreed. A prolonged recession is a risk to SGRO.
nexusltd: @jonwig : Indeed, bond buyers view SGRO as a high quality name. What ECB "corrections" are you alluding to & how might they adversely affect SGRO's debt profile?
jonwig: nexusltd - SGRO can issue debt with a lower coupon than many sovereigns, though the ECB will intervene to make "corrections".
nexusltd: @m-kerr SGRO LTV 24%, cost of debt March 2022 1.6%, maturity 8+ years. Segro market cap is such that it can issue its own bonds @ advantageous rates. Euro bonds to match continental European assets. Do you know of any other UK REIT with the debt profile quality I have outlined?
jonwig: Yup - both SGRO and BBOX have released very strong trading statements recently, then Amazon lobbed a spanner which took the market by surprise. As the FT article says, Amazon's size in the market can be over-publicised.
jonwig: FT suggests the Amazon effect is overdone: Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of T&Cs and Copyright Policy. Email to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at The UK market is under-warehoused on a per capita basis compared with other countries. (The US, which starts from a much higher base per capita, is currently building more warehouse space than the UK’s entire standing stock, says Savills). UK planning makes new space hard to come by: “There is substantial undersupply embedded in the system because local authorities didn’t plan enough in advance or recognise the change in demand”, says Matthew Griffith, director of policy at Business West. That is all translating into healthy rental growth for developers and landlords. Some big developers won’t quote rents or take offers early in a speculative build to avoid having underpriced relative to market once it completes.
jonwig: That's a blow - put down to Amazon's problems with spare capacity. Unclear whether that means slower development growth for SGRO or worse.
jonwig: Trading Update: Positive, as always. (Personally, I have fears for recession in germany, spreading to the rest of the EU.)
jonwig: Not bad, are they! FT summary: The popularity of online shopping has driven a near-threefold increase in full-year profits at warehouse owner Segro, as ecommerce businesses seek more space to cope with growing demand. The London-listed landlord, whose biggest client is Amazon, said on Friday that pre-tax profits almost tripled year-on-year in 2021, reaching £4.4bn as the company lifted rents and secured new tenants. Segro, whose share price touched a record high last month, said it would increase its full-year dividend 10 per cent. The FTSE 100 group’s results underline how demand for online shopping has split the fortunes of commercial landlords during the pandemic. While the success of ecommerce has benefited warehouse owners such as Segro, landlords reliant on income from high street retailers have struggled to recoup rents throughout the pandemic. Segro said it expected strong demand throughout this year, adding that, combined with historically low levels of vacant properties, this should result in higher rents.
Segro share price data is direct from the London Stock Exchange
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