Segro contracts £70m of new headline rent year to date
Segro said £42m came from its existing portfolio and £28m from development lettings, up 32% on the prior period. UK rent reviews, renewals and regears delivered an average 43% uplift.
Segro secured £70m in new headline rent year to date, a 32% increase on the prior period. The total comprises £42m from its existing portfolio and £28m from development lettings. In the UK, rent reviews, renewals and regears generated an average 43% uplift, supporting Segro’s continued capture of embedded mark to market po…