Annual Report and Accounts 2023
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New headline rent contracted
2022: £98m
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Development completions
2022: 639,200 sq m
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Uplift from rent reviews and renewals
2022: 23%
What we do
SEGRO owns, manages and develops modern and sustainable warehouse space across Europe.
We create the space that enables extraordinary things to happen.
Strategic report
"Our long-standing disciplined approach to portfolio management means that SEGRO has one of the best and most modern pan-European industrial and logistics portfolios."
David Sleath, CEO
Responsible SEGRO is part of everything we do
Responsible SEGRO
"Responsible SEGRO is important to our business and is a core aspect of both our operations and our culture."
Paul Dunne, Group Customer and Operations Director
Performance and financial review
"We delivered further earnings and dividend growth during 2023, supported by favourable occupier markets, whilst the portfolio valuation was impacted by interest rate driven yield expansion."
Soumen Das, Chief Financial Officer
Governance
"Our long-established and effective corporate governance procedures provide a robust structure to Board decision-making"
Andy Harrison, Chair