By Liza Helps, Property Editor, Logistics Matters

THE NEWS follows the publication of the REIT’s half year results which also noted that there had been £24 million worth of new pre-lets signed during the period, with a record level of development projects in the current and near-term pipeline.

Commenting on the results SEGRO Chief Executive David Sleath, said: “SEGRO has delivered a strong set of results in the first half of 2026. We secured £53 million of new headline rent and have a record pipeline of development projects under construction or in advanced negotiations, underpinned by improving occupier demand for high-quality, well-located industrial, logistics and data centre space.

“We remain focused on disciplined capital allocation, recycling assets above book value and investing in higher-return opportunities. This along with continued cost discipline and our focus on ensuring we have a capital-efficient corporate structure, is expected to support ongoing growth in earnings and dividends in the years ahead.”

Last week Logistics Matters reported that SEGRO had secured three letting totaling 540,00 ft2 at its SEGRO PARK Coventry scheme in the Werst Midlands.

SEGRO is currently in the process of negotiating a potential take-over from US  property rival Prologis.