Covid-19 lockdowns boost NAV and profit at SEGRO

SEGRO David Sleath

Net asset value (NAV) at industrial property giant SEGRO leapt by 16.3% in 2020 as a boom in online trading and e-commerce sparked by Covid-19 lockdowns sent industrial property values soaring.

Adjusted NAV per share ended the year at 814p, compared to 700p in 2019, following a 10.3% rise in asset valuation to just under £13bn.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue