Vacancy increased in Q1 21 (+50bp vs. December 2020, to 4.4%) for “refurbishment purposes”. Segro took back some ground so that it could raise its standard. Renewals signed were 12% above previous rents: this shows an upside vs. the current rents base on top of the installed base being developed.
02 May 2021
Shifting slowly?
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Shifting slowly?
SEGRO plc (SGRO:LON) | 903 99.3 1.2% | Mkt Cap: 12,083m
- Published:
02 May 2021 -
Author:
Christian Auzanneau -
Pages:
4
Vacancy increased in Q1 21 (+50bp vs. December 2020, to 4.4%) for “refurbishment purposes”. Segro took back some ground so that it could raise its standard. Renewals signed were 12% above previous rents: this shows an upside vs. the current rents base on top of the installed base being developed.