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Evening Standard
Evening Standard
Business
Michael Hunter

Segro eyes 50% rise in rental income as London leads rebound

Segro, one of the UK’s biggest commercial landlords, today predicted a 50% rise in rental incomes in the next three years amid a rebound in demand for space with London in the lead. 

The FTSE 100 company has £6 billion’s worth of property sets in the capital alone, making up over a third of its total asset base. It said there was “significant uplift” in rents and predicted that income from them would rise further toward 2027 as it let more vacant space. 

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