Yield compression continued as far as the logistics assets are concerned. The GAV was up 10% lfl in FY 20, resulting in a NAV up 16% (sixteen) from 700p to 814p. The low vacancy observed (3.9% in December 2020 vs. 4.0% in December 2019) doesn’t reflect the increasing portion of retailers facing questions about their own businesses, in the UK especially.
22 Feb 2021
Positive revaluations accelerated strongly in H2 20
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Positive revaluations accelerated strongly in H2 20
SEGRO plc (SGRO:LON) | 903 106.5 1.3% | Mkt Cap: 12,083m
- Published:
22 Feb 2021 -
Author:
Christian Auzanneau -
Pages:
4
Yield compression continued as far as the logistics assets are concerned. The GAV was up 10% lfl in FY 20, resulting in a NAV up 16% (sixteen) from 700p to 814p. The low vacancy observed (3.9% in December 2020 vs. 4.0% in December 2019) doesn’t reflect the increasing portion of retailers facing questions about their own businesses, in the UK especially.