Segro upbeat on UK rents

Kasmira Jefford
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WAREHOUSE developer Segro posted a strong start to the year yesterday thanks to low vacancy rates across its sites and improving rental levels in the UK and Europe.

The FTSE 250 group said it completed 71,700 square metres of developments in the first quarter, including big box logistics assets for Volkswagen and Zabka in Poland, and new warehouse space on the Slough Trading Estate.

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