2024-03-17 06:08:59 ET
Summary
- SEGRO PLC is a British industrial and logistics REIT with strong competitive advantages similar to Prologis.
- The company has significant embedded growth potential, with higher market rents, property development, and increasing demand for logistics locations.
- Despite facing higher financing costs, SEGRO aims to deliver 53% rental growth over the next three years and has a strong balance sheet.
We believe SEGRO Plc ( SEGXF ) deserves more attention than it is getting from investors. This company is in several ways the British version of Prologis ( PLD ), a very well managed industrial and logistics REIT with strong competitive advantages....
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For further details see:
SEGRO Plc: Why This U.K. Logistics Leader Is A Must-Watch