Vacancy rate drops at Segro

British industrial landlord Segro said it had a strong third quarter, with annualised rental income rising, and it remained well placed for the current environment. Segro secured £11.9m of new annualised rental income in the three months to end-September, up from £9.5m in the 2010 period. Its vacancy rate dropped to 10.2 per cent, from 11.4 per cent on 30 June.