From Surf Wiki (app.surf) — the open knowledge base

Segro

British real estate company

Field	Value
name	SEGRO plc
logo	SEGRO.svg
logo_size	185px
type	Public
traded_as
FTSE 100 Component
industry	Property
foundation	1920
founder
location	London, England, UK
key_people
revenue	£675 million (2024)
operating_income	£703 million (2024)
net_income	£594 million (2024)
homepage

FTSE 100 Component

SEGRO plc (formerly known as Slough Estates Group) is a British property investment and development company based in London, England. It develops and invests in property located in the United Kingdom and Continental Europe focusing on edge of town flexible business space. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

History

The company was founded by Sir Percival Perry and Sir Noel Mobbs in 1920 as The Slough Trading Company Ltd with the objective of acquiring and developing the site now occupied by the Slough Trading Estate in Slough. In 1926 the company changed its name to Slough Estates Ltd and in 1931 it expanded north acquiring a site in Birmingham. In the 1980s it expanded rapidly buying Allnatt Properties and Guildhall Properties in 1984, Helmlace in 1985 and Bredero Properties in 1986. In 1999 it acquired Percy Bilton.

In 2004 it sold a number of retail properties to Land Securities in exchange for some industrial properties. It converted to Real estate investment trust status and changed its name from Slough Estates Group to SEGRO in 2007. In 2009 it acquired Brixton plc.

Operations

SEGRO owns commercial and industrial properties in the UK, France, Czech Republic, Poland, Italy, the Netherlands, Belgium, Spain and Germany. The company's portfolio (including joint venture assets) was valued at £15.3 billion at 31 December 2024.

Sites include:

East Midlands Gateway
Segro Park, Kettering
Segro Park Dagenham
Segro Park, Perivale
Segro Park, Rainham
Slough Trading Estate

References

"Our Offices". Segro.
"Annual Results 2024". Segro.
"Our history". Segro.
(15 November 2004). "Land Securities and Slough Estates agree property swap". Investegate.
"Annual Report 2006". Segro.
(3 January 2007). "Best may be over in dash by companies to convert to REITs". The Independent.
(22 June 2009). "Segro reaches agreement to buy struggling rival Brixton". [[The Times]].
"Where we operate". Segro.
Rafał Ostrowski. "In all shapes and sizes". [[The Times]].
(7 December 2021). "One plot left at SEGRO's East Midlands Gateway scheme". Logistics Manager.
(9 April 2020). "SEGRO submits plans for speculative mega shed in Kettering". Logistics Manager.
(8 June 2021). "SEGRO buys in Perivale". Capital West.
(11 August 2021). "Wanis International acquires 100,000 sq ft at SEGRO Park, Rainham". Commercial News Media.
(24 December 2021). "Data centre drive sends Segro back to Slough". [[The Times]].

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

real-estate-investment-trusts-of-the-united-kingdom companies-listed-on-the-london-stock-exchange real-estate-companies-established-in-1920 companies-based-in-london 1920-establishments-in-england companies-in-the-ftse-100-index

Want to explore this topic further?

Ask Mako anything about Segro — get instant answers, deeper analysis, and related topics.

Research with Mako

Free with your Surf account

Content sourced from Wikipedia, available under CC BY-SA 4.0.

This content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.

Report