1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. SEGRO plc
  6. News
  7. Summary
    SGRO   GB00B5ZN1N88


Delayed London Stock Exchange  -  11:35 2022-08-12 am EDT
1075.50 GBX   +0.89%
08/11SEGRO PLC : Crossing thresholds
08/11SEGRO PLC : Crossing thresholds
08/11SEGRO PLC : Crossing thresholds
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

SEGRO : raises sustainability bar with green refurbishment scheme on Slough Trading Estate

06/20/2022 | 04:14am EDT

The 20,210 sq ft unit is located on Bestobell Road at the East of the Slough Trading Estate and was built originally in 1988. The refurbishment will transform the unit into a state-of-the-art, environmentally sustainable industrial and warehouse space, furthering SEGRO's low carbon growth ambition on the Trading Estate.

The refurbishment will be net-zero carbon in operation and is targeting a BREEAM Excellent and an EPC A+ rating. It will include a wide range of sustainability features, including:

  • Smart building sensors to enable energy-efficient operation of the building
  • Photovoltaic panels on the roof which will save 26 tonnes of carbon emissions per year, the equivalent to planting 1,226 trees.
  • Energy efficient LED lighting throughout, which will reduce CO2 by 12 tonnes and save around £11,000 per year
  • A 55m² living wall on the front of the building will trap 7,150 grams of dust, extract 126.5 kg of gas and 71.5 kg of particulate matter from the air, and produce around 93.5 kg of oxygen every year. An internal green wall will also be featured in the reception area
  • Air source heat pump providing heating and comfort cooling
  • Water reducing products throughout e.g., self-closing taps for all wash basins, waterless urinals etc.
  • Use of a natural, photocatalytic paint on all wall surfaces that purifies the air through CO2 absorption and reduces ambient odours
  • Electric vehicle charging points
  • Secure bicycle parking with rich biodiverse growing roofs and wildlife habitat panels. It will incorporate low-maintenance, drought-tolerant planting that is nectar-rich for butterflies, bees, moths and other invertebrate wildlife
  • Additional bird and bat boxes, beehives and insect habitats to nest and increase pollination across the plot

The redevelopment is part of SEGRO's growing portfolio of low or zero-carbon developments and aligns with the company's Responsible SEGRO commitments to champion low-carbon growth and be net-zero carbon by 2030.

James Craddock, Managing Director at Thames Valley, SEGRO, said:

"The refurbishment of older buildings is an important part of our journey to be net-zero carbon by 2030. This scheme at Bestobell Road is a great example of how these existing buildings, where appropriate, can be transformed into more modern, efficient, greener spaces that enable low-carbon growth now and into the future.

"Creating more sustainable spaces for a diverse mix of customers is also critical if we want to ensure that the Slough Trading Estate is the location of choice for both large and small businesses within the Thames Valley."

The refurbishment is due to be complete in September 2022.

Slough Trading Estate is the largest privately-owned business park in single ownership in Europe. Over one third of the estate is less than 10 years old. The vacancy rate is just over two per cent, with the remainder being leased to a mix of small and large businesses, across a diverse range of industry sectors. Local amenities including high street banks, restaurants, shops, fitness facilities and healthcare centres are all within easy reach on the estate, creating a vibrant business community for occupants.


SEGRO plc published this content on 20 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 08:13:08 UTC.

© Publicnow 2022
All news about SEGRO PLC
08/11SEGRO PLC : Crossing thresholds
08/11SEGRO PLC : Crossing thresholds
08/11SEGRO PLC : Crossing thresholds
08/11SEGRO PLC : Ex-dividend day for optional dividend
08/10WALL STREET STOCK EXCHANGE : What a relief!
08/10ANALYST RECOMMENDATIONS : Target, Glencore, Fidelity National Information Services, Moody'..
08/10SEGRO PLC : Crossing thresholds
08/08SEGRO PLC : Crossing thresholds
08/03Segro Prices $762 Million Green Bonds For Segro European Logistics JV
08/03Segro Prices $763 Million Green Bonds For Segro European Logistics JV
More news
Analyst Recommendations on SEGRO PLC
More recommendations
Sales 2022 529 M 641 M 641 M
Net income 2022 2 734 M 3 315 M 3 315 M
Net Debt 2022 4 151 M 5 033 M 5 033 M
P/E ratio 2022 5,24x
Yield 2022 2,52%
Capitalization 13 002 M 15 762 M 15 762 M
EV / Sales 2022 32,4x
EV / Sales 2023 28,8x
Nbr of Employees 385
Free-Float 99,6%
Duration : Period :
SEGRO plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SEGRO PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 1 075,50 GBX
Average target price 1 313,63 GBX
Spread / Average Target 22,1%
EPS Revisions
Managers and Directors
David John Rivers Sleath Chief Executive Officer & Executive Director
Soumen Das Chief Financial Officer & Executive Director
Andrew Harrison Chairman
James Power Director-Digital & Technology
Andrew E. G. Gulliford Chief Operating Officer & Executive Director
Sector and Competitors
1st jan.Capi. (M$)
SEGRO PLC-25.13%15 762
EQUINIX, INC.-16.70%64 168
W. P. CAREY INC.7.11%16 953