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Segro: Data centre demand fuels growth at warehousing giantWarehousing giant Segro has reported a double-digit jump in profit driven by demand for data centres and improving investment market conditions. Adjusted profit before tax at the FTSE-100 real ...
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HSBC cuts Segro stock rating, lowers price target to GBP6.85O n Monday, HSBC analysts adjusted their stance on Segro PLC (LON:SGRO:LN) (OTC: SEGXF), downgrading the stock from Buy to Hold and revising the price target downward to GBP6.85 from the previous ...
UK real estate firm Segro is looking to expand its data center business, and is looking to move beyond powered shells into fully fitted-out data centers and targeting hyperscalers directly. The ...
(Reuters) - Segro, which has historically offered data centres equipped only with power connections, plans to develop full-fledged facilities to directly serve major cloud providers like Amazon ...
Profits have climbed at Slough-based warehousing and industrial property firm SEGRO following a year which saw record levels of rental uplifts. SEGRO owns and manages a portfolio of industrial and ...
Segro said it has assembled UK and European land and secured access to power that would allow it to build out a data centre portfolio with 2.3 gigawatts of power capacity. Its current portfolio ...
A major logistics company has opened a new £230m hub in Coventry. DHL has opened the state-of-the-art facility at SEGRO Park. Business Minister Justin Madders and DHL eCommerce CEO Pablo Ciano ...
Segro currently earns about 650 million pounds in annual rent from its broader portfolio, and Das added that a single fully fitted data centre would have a noticeable impact on overall revenue.
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