SEGRO plc Trading Update [Yahoo! Finance]
FTI Consulting, Inc. (FCN)
Last fti consulting, inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance
SEGRO plc ("SEGRO" or the "Group") today publishes a trading update for the period from 1 January 2024 to 31 March 2024 Summary Strong growth in our rent roll during the first quarter, supported by ongoing favourable occupier market dynamics. SEGRO has completed or unconditionally exchanged on £159 million of disposals so far in 2024, at prices above December 2023 book value. Market data shows industrial and logistics asset values are stabilising. SEGRO is well-placed to invest in profitable development with an average yield on cost of 7-8 per cent, with capacity for further attractive growth opportunities enhanced by the proceeds of our recent equity raise. David Sleath, Chief Executive, said: "2024 has started well for SEGRO. Our prime urban and big box portfolio and market-leading operating platform, supported by favourable occupier markets, have enabled us to sign £29 million of new headline rent during the first quarter. This was achieved through capturing rental upl
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FCN
Earnings
- 4/25/24 - Beat
FCN
Sec Filings
- 4/30/24 - Form 144
- 4/29/24 - Form 8-K
- 4/26/24 - Form 8-K
- FCN's page on the SEC website