Stock Groups

Warehousing specialist Segro sees high rental growth in London, Paris -Breaking

by Mike Robinson

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© Reuters.

(Reuters) – Segro, a specialist for warehouse and logistics, said Friday that the company expects to see strong rental growth in Paris and London over the medium-term due to increased demand especially from e-commerce tenants.

Company, with operations in eight European countries. It reported that adjusted pretax profit rose 20% to 356 Million Pounds ($484.9M) for the fiscal year ending Dec. 31, 2021.

($1 = 0.7342 pounds)

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