SEGRO reports half year results showing earnings and dividend growth
The firm recorded seven percent rental income growth, boosted adjusted pre-tax profits to £252 million, and increased the interim dividend by six percent.
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The firm recorded seven percent rental income growth, boosted adjusted pre-tax profits to £252 million, and increased the interim dividend by six percent.
The firm contracted £23 million in new rent, sustained high tenant retention, and successfully refinanced its near-term bond maturities using existing cash reserves.
Real Estate FFO per share rose 7.9% to $3.29, driven by strong leasing demand and retailer sales. The company also increased full-year guidance and declared a higher dividend.
Strong leasing gains drove occupancy to all-time highs; common dividend increased 12% year-over-year and 2026 outlook raised.
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