SEGRO

Segro , which has historically offered data centres equipped only with power connections, plans to develop full-fledged facilities to directly serve major cloud providers like Amazon, Microsoft , and Alphabet's Google in a bid to shore up rental income.» Mehr auf reuters.com

SEGRO PLC (LSE:SGRO) said it expects continued strong growth in earnings and dividends, with major upside from its booming data centre pipeline. The FTSE 100 warehousing giant saw a 14.9% rise in adjusted profit before tax to £470 million in 2024, driven by soaring demand for logistics space and data centres.» Mehr auf proactiveinvestors.co.uk

European equities have underperformed US equities, but Segro stands out with potential for future outperformance due to its low valuation and strong fundamentals. Segro is the UK's largest real estate company, focusing on industrial properties and expanding into data centers, with a diverse and high-quality tenant base. Despite recent challenges, Segro has shown solid growth, maintains a strong balance sheet, and offers an attractive 4% dividend yield, making it a compelling investment.» Mehr auf seekingalpha.com