SEGXF News and Press, Segro Plc Reit Ord New From 04/14/23

2023-04-14 09:52:23 ET Summary Segro is a world class A rated logistics REIT based in England with investments in the UK and Europe. The stock has gone from overvaluation to under valuation and now trades at a 20% discount to NAV. A large pipeline gives the company reason to b...

2023-03-12 09:00:00 ET Summary The bad news is that interest rates are headed even higher. The good news is that REIT cash flows will still keep on rising. I share my thoughts on the outlook for REITs and highlight a few opportunities. For further details...

SEGRO Plc (SEGXF) Q4 2022 Results Conference Call February 17, 2023 01:00 AM ET Company Participants David Sleath - CEO Soumen Das - CFO Andy Gulliford - COO Claire Mogford - Head, IR Conference Call Participants Hemant Kotak - Kolytics Osmaan Malik...

SEGRO Plc press release ( OTCPK:SEGXF ): FY Non-GAAP EPS of 31.00p. Revenue of £669M (+22.5% Y/Y). Adjusted NAV per share down 15.0 per cent to 966 pence (31 December 2021: 1,137 pence). Net rental income of £522M, up 18.9 per cent (2021: £439M), driven by ...

Summary SEGRO further builds out its data center presence via the GBP120m acquisition of Bath Road Shopping Park. Supported by a UK property market that has likely troughed and a best-in-class balance sheet, SEGRO is well-positioned to weather a recession scenario. At the current bo...

Summary REITs have all dropped, regardless of their fundamentals. This has created some exceptional opportunities. We highlight 2 'Strong Buy' REITs that we are buying. As I write this article, the REIT market is hitting new lows last seen following the pandemic cras...

Summary SEGRO posts a resilient trading update despite a challenging backdrop. The well-insulated balance sheet stands out, likely mitigating any funding risks down the line. While declining asset values will put a brake on growth, the YTD valuation de-rating means much of the...

Summary REITs are dropping like rocks. And we are buying them hand over fist. We highlight 3 'buy-the-dip' opportunities. REITs are down 34% year-to-date: Data by YCharts If that's the average of the REIT market ( VNQ ), you can expect the REI...

Summary Despite a high expense ratio, AWP generates a strong yield on a consistent basis, and it seeks to pay dividends irrespective of its earnings. AWP is generating pay-out out of its capital, which is not a good practice. Absence of any kind of fixed income portfolio makes...

SEGRO Plc (SEGXF) Q2 2022 Earnings Conference Call July 28, 2022 3:30 AM ET Company Participants David Sleath – Chief Executive Officer Soumen Das – Chief Financial Officer Andy Gulliford – Chief Operating Officer Claire Mogford – ...