GAV was up 8.5% lfl in H1 21 sequentially. It suggests an unprecedented level in FY 21. Deriving from the current 32% premium to NAV, Segro was granted a lower than 2.8% yield by the stockmarket. In relative terms, warehouses are now more expensive than the best locations in the heart of best metropolitan areas.
29 Jul 2021
NAV rising at record pace in H1 21
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NAV rising at record pace in H1 21
SEGRO plc (SGRO:LON) | 848 69.6 1.0% | Mkt Cap: 11,352m
- Published:
29 Jul 2021 -
Author:
Christian Auzanneau -
Pages:
4
GAV was up 8.5% lfl in H1 21 sequentially. It suggests an unprecedented level in FY 21. Deriving from the current 32% premium to NAV, Segro was granted a lower than 2.8% yield by the stockmarket. In relative terms, warehouses are now more expensive than the best locations in the heart of best metropolitan areas.