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SGRO

Segro

Real Estate Investment Trusts

Index
FTSE 100
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

SEGRO is a major owner, developer and manager of industrial, logistics and data-centre real estate across the UK and continental Europe. Its portfolio is concentrated in supply-constrained urban and logistics locations.

02

Key activities

Development, ownership and leasing of warehouses, urban logistics, industrial estates and data-centre property, together with active capital recycling.

03

Key markets

The UK and major European logistics markets including France, Germany, Italy, Poland and other continental European locations.

04

Key drivers

Rental growth, occupancy, logistics demand, e-commerce, data-centre demand, development yields, property values and access to capital.

05

Key risks

Property valuation declines, interest rates, development risk, tenant failures, construction costs, economic slowdown and takeover execution risk.

06

Recent Developments

4 August 2026: SEGRO agreed a recommended £14bn takeover by US logistics giant Prologis, valuing each SEGRO share at 1,032p through mainly Prologis shares plus a partial cash alternative. The transaction is expected to complete in the first half of 2027, subject to shareholder and regulatory approval, and now dominates the investment outlook.

07

Dividend notes

SEGRO has a progressive semi-annual dividend. The 2026 interim dividend is 10.14p per share, ex-dividend 6 August and payable 17 September; shareholders are permitted to retain this dividend under the agreed Prologis takeover terms.

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