Segro's Logistics Segment Is Concerning -- Market Talk

Dow Jones

2025/02/17

0852 GMT - Segro's logistics segment remains a concern, AlphaValue analyst Christian Auzanneau says in a research note. The U.K. warehouse landlord posted strong full-year figures despite a gradually deteriorating logistics segment in western Europe, the analyst says. The analyst maintains a negative outlook on the sector, as long as vacancy ratios increase in end-markets and rents are at risk, he says. Shares trade 1.8% lower at 718.40 pence. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

February 17, 2025 03:53 ET (08:53 GMT)

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The analyst maintains a negative outlook on the sector, as long as vacancy ratios increase in end-markets and rents are at risk, he says. Shares trade 1.8% lower at 718.40 pence. (nina.kienle@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 17, 2025 03:53 ET (08:53 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}