Update on Rent Collection
SEGRO plc (“SEGRO” or the “Group”) today updates the market on
its continued strong rent collection for the first and second
quarters of 2021.
In respect of UK rents payable in advance on 25 March relating
to the second quarter of 2021, as at 7 April, we had received 89
per cent of the £52 million of rent due and we expect the
substantial balance of outstanding rents to be paid by the end of
the quarter. This compares with 71 per cent at a similar point in
In respect of the first quarter of 2021, we have now collected
97 per cent of all rents due from both our UK and Continental
UK rental collection summary1
(as at 7 April 2021)
(as at 7 April 2021)
(as at 2 April 2020)
Deferrals (including payment plans)
Notes to editors:
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the
London Stock Exchange and Euronext Paris, and is a leading owner,
manager and developer of modern warehouses and industrial property.
It owns or manages 8.8 million square metres of space (95 million
square feet) valued at £15.3 billion serving customers from a wide
range of industry sectors. Its properties are located in and around
major cities and at key transportation hubs in the UK and in seven
other European countries.
For over 100 years SEGRO has been creating the space that
enables extraordinary things to happen. From modern big box
warehouses, used primarily for regional, national and international
distribution hubs, to urban warehousing located close to major
population centres and business districts, it provides high-quality
assets that allow its customers to thrive.
See www.SEGRO.com for further information.
version on businesswire.com: https://www.businesswire.com/news/home/20210407005852/en/
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Gary Gaskarth (External Communications Manager) Tel: +44 (0) 20
Richard Sunderland / Claire Turvey / Eve Kirmatzis Tel: +44 (0)
20 3727 1000