SEGRO

SEGRO PLC (LSE:SGRO) said on Wednesday it expects to be largely shielded from the impact of President Donald Trump's new global tariffs, thanks to the domestic focus of its warehouse and data centre portfolio. The FTSE 100 landlord reported a strong start to the year, with £13 million in new headline rent signed during the first quarter, and high tenant retention at 92%.» Mehr auf proactiveinvestors.co.uk

Segro's investment in converting a London warehouse into a 56 MW data center will be 10x the rental, leveraging existing assets for higher returns. The joint venture with Pure Data Centers minimizes construction costs and power supply constraints, enhancing Segro's asset yield and diversification. Segro's conservative leverage, strong tenant base, and continued EPS growth position it well despite market challenges, making it a solid investment.» Mehr auf seekingalpha.com

Warehouse developer Segro PLC (LSE:SGRO) shares rose 3.1% after it struck a deal to create its first fully fitted data centre. The FTSE 100-listed REIT said it expects to pre-lease the centre to a hyperscaler, ie Google's Cloud arm, Amazon's AWS, Microsoft, IBM or Oracle.» Mehr auf proactiveinvestors.co.uk