 | |
| Company type | Public |
|---|---|
| LSE: SGRO FTSE 100 Component | |
| Industry | Property |
| Founded | 1920 |
| Founder | |
| Headquarters | London, England, UK[1] |
Key people | |
| Revenue |  £675 million (2024)[2] |
 £703 million (2024)[2] | |
| £594 million (2024)[2] | |
| Website | www |
SEGRO plc (formerly known asSlough Estates Group) is a British property investment and development company based inLondon, England. It develops and invests in property located in theUnited Kingdom andContinental Europe focusing on edge of town flexible business space. The firm switched to Real Estate Investment Trust status whenREITs were introduced in the United Kingdom in January 2007. The company is listed on theLondon Stock Exchange and is a constituent of theFTSE 100 Index.
The company was founded by SirPercival Perry andSir Noel Mobbs in 1920 asThe Slough Trading Company Ltd with the objective of acquiring and developing the site now occupied by theSlough Trading Estate inSlough.[3] In 1926 the company changed its name toSlough Estates Ltd and in 1931 it expanded north acquiring a site inBirmingham.[3] In the 1980s it expanded rapidly buyingAllnatt Properties andGuildhall Properties in 1984,Helmlace in 1985 andBredero Properties in 1986.[3] In 1999 it acquiredPercy Bilton.[3]
In 2004 it sold a number of retail properties toLand Securities in exchange for some industrial properties.[4] It converted toReal estate investment trust status and changed its name fromSlough Estates Group toSEGRO in 2007.[5][6] In 2009 it acquiredBrixton plc.[7]
SEGRO owns commercial and industrial properties in the UK,France,Czech Republic,Poland,Italy, theNetherlands,Belgium,Spain andGermany.[8] The company's portfolio (including joint venture assets) was valued at £15.3 billion at 31 December 2024.[2] InParis, Segro is developing a 75,000 square metre underground logistics centre close to the city centre for the "Last Mile" of logistics.[9]
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