Property Week, in association with Brook Intelligence, has produced this comprehensive company report on UK REIT Segro plc.
In November 2011 Segro’s new executive management team set out a new strategy to address areas of historical underperformance and deliver better returns.
Segro ended its last financial year with a loss of £202m, up from £54m the year before. The group’s strategic priority is to reshape the portfolio and focus on high quality modern warehousing, light industrial and data centre assets.
The 16 page report - available to download here for free - provides:
- Key financials and future outlook
- Company strategy
- SWOT analysis
- Profiles of key senior management
Segro says it expects to continue to benefit from the growth in e-retailing, local distribution and electronic data storage requirements. Following a period of divestments, the group still has around £580m of non-core assets remaining and is targeting to shed between £300m-£500m of assets in FY13. Segro says it wants France, Germany and Poland to account for a greater share of its property portfolio.
Download the free report as a pdf
Source
Brook Intelligence Centre
Brook Intelligence Centre provides business intelligence from company profiles and sector/country overviews to client and competitor tracking.
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