click for accessibility tool

This site uses cookies to improve your experience.

We use cookies to offer you better browsing experience. Cookies enhance site navigation, analyze site usage, and assist in our marketing efforts.To understand more about how we use cookies or to change your cookie preferences, visit our privacy and cookies page or click on ‘Show settings’. By clicking ‘Accept all Cookies,’ you agree to the storing of cookies on your device.

Privacy Policy Centre

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience.

Because we respect your right to privacy, below you will find descriptions on the types of cookies used on this site and options to opt out where preferred. Please note blocking some types of cookies may impact your experience of the site and the services we are able to offer.

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.

You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site.
All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site.
All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.

Privacy and cookies

Analyst consensus

DISCLAIMER

The consensus has been collated from estimates submitted by analysts to SEGRO, during the period 24 January to 29 January 2024, using a standard template. The information is provided purely for convenience to users of our website, for information purposes only. SEGRO neither endorses, nor accepts responsibility for, any material published or relied upon by any analyst from which the figures presented are calculated, nor does it endorse or accept responsibility whatsoever for the views of these or any other analysts reporting on the company. In particular, SEGRO makes no warranty or representation as to the accuracy of the research, the reasonableness of any assumptions or projections or the likelihood of achieving the figures set out. SEGRO has not commented on or verified any individual estimates, nor does it intend to do so in the future, and SEGRO shall not be liable for any errors in the content of the research material, or for any action taken in reliance thereon. Furthermore, SEGRO may at any time be in possession of information that may affect the research and has not commented upon, reviewed or updated, and is under no obligation to comment upon, review or update, the research.

Nothing contained herein should be taken as a recommendation to buy or sell shares in SEGRO or to take or refrain from taking any other action or to place any reliance on any of the information set out on our website. When making an investment decision you should seek the advice of an independent financial adviser.

The figures are calculated based on a simple average (mean) of the constituents and are not altered or adjusted in any way by SEGRO other than as stated. The range reflects the highest and lowest estimate for each indicator. It should be noted that estimates are by definition forward looking and as such are speculative and are therefore subject to risks and uncertainties that may materially affect eventual results. Although SEGRO will endeavour to procure that the figures presented are kept updated in accordance with the methodology set out above, SEGRO assumes no obligation to update, revise or supplement the figures presented.

Adjusted Earnings per share (excluding SELP performance fee*)
              2022A 2023E 2024E 2025E
Average 31.0 32.2 34.8 37.4
High   33.8 37.3 39.5
Low   31.3 32.2 33.8
Number of constituents   20 20 20

*As announced at HY 2023, going forward the SELP performance fee will be excluded from Adjusted Earnings.

Adjusted NAV per share 
       2022A 2023E 2024E 2025E
Average 966 938 971 1,028
High   975 1,048 1,164
Low   909 855 886
Number of constituents   19 19 19
Dividend per share 
                2022A 2023E 2024E 2025E
Average 26.3 27.7 29.7 31.9
High   28.9 31.7 34.2
Low   26.8 27.4 28.6
Number of constituents   20 20 20

Brokers contributing to consensus average:

Bank of America, Barclays, Berenberg, Citi, Exane BNP Paribas, Goldman Sachs, Green Street, HSBC, Jefferies, JP Morgan, Kempen, Kepler Cheuvreux, Liberum, Morgan Stanley, Numis, Peel Hunt, Shore Capital, Societe Generale, Stifel and UBS.

image

Investment case introduction

We are a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and a leading owner, asset manager and developer of modern warehouses and industrial properties.

Investment case introduction
image

Financial highlights

For the most recently published financial highlights.

image

Where we do it

Discover the geographical split by value of our assets.

Find out more
image

Key Performance Indicators

All the financial Key Performance Indicators from the most recent Annual Report and Accounts.

Find out more
image

Responsible SEGRO Report and Datapack

Our commitment to be a force for societal and environmental good is integral to our purpose and strategy.

Segro Data Pack 230309 Final
image

Introduction to SEGRO

Download the Introduction to SEGRO document here.

Intro To SEGRO FY22