Segro

MARKET REPORT: Race for space boosts warehouse giant Segro

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The surge in online shopping and almost overnight shift to working from home during lockdown has been a boon for warehouse owner Segro. The property firm has come into its own as parcel delivery groups and traditional retailers have been, as chief executive David Sleath put it, ‘scrambling for space’ as they adapt to the … Read more

MARKET REPORT: Segro and Tritax Big Box cash on the online boom

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The lockdown online shopping boom has kept rent collection steady for the warehouse giants Segro and Tritax Big Box. The logistics landlords have managed to dodge the anguish facing property owners in other sectors, particularly retail. Property investor Segro has received around 93 per cent of the £37million rent due in advance for the third … Read more