SEGRO plc (formerly known as Slough Estates Group) is a British property investment and development company based in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

, England. It develops and invests in property located in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

and

Continental Europe Continental Europe or mainland Europe is the contiguous mainland of Europe, excluding its surrounding islands. It can also be referred to ambiguously as the European continent, – which can conversely mean the whole of Europe – and, by som ...

focusing on edge of town flexible business space. The firm switched to Real Estate Investment Trust status when

REIT A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hos ...

s were introduced in the United Kingdom in January 2007. The company is listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

and is a constituent of the

FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on ...

History

The company was founded by Sir Percival Perry and Sir Noel Mobbs in 1920 as ''The Slough Trading Company Ltd'' with the objective of acquiring and developing the site now occupied by the

Slough Trading Estate The Slough Trading Estate, founded in Slough in Buckinghamshire in 1920, was an early business park in Britain. According to the estate's owners and operators, Segro, Slough Trading Estate consists of of commercial property in Slough and provi ...

Slough Slough () is a town in Berkshire, England, in the Thames Valley, west of central London and north-east of Reading, at the intersection of the M4, M40 and M25 motorways. It is part of the historic county of Buckinghamshire. In 2021, the ...

. In 1926 the company changed its name to ''Slough Estates Ltd'' and in 1931 it expanded north acquiring a site in

Birmingham Birmingham ( ) is a City status in the United Kingdom, city and metropolitan borough in the metropolitan county of West Midlands (county), West Midlands, within the wider West Midlands (region), West Midlands region, in England. It is the Lis ...

. In the 1980s it expanded rapidly buying ''Allnatt Properties'' and ''Guildhall Properties'' in 1984, ''Helmlace'' in 1985 and ''Bredero Properties'' in 1986. In 1999 it acquired ''Percy Bilton''. In 2004 it sold a number of retail properties to

Land Securities Land Securities Group plc, trading as Landsec, is the largest commercial property development and investment company in the United Kingdom. The firm became a real estate investment trust (REIT) when REITs were introduced in the United Kingdom i ...

in exchange for some industrial properties. It converted to

Real estate investment trust A real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of real estate, including office and apartment buildings, studios, warehouses, hos ...

status and changed its name from ''Slough Estates Group'' to ''SEGRO'' in 2007. In 2009 it acquired

Brixton plc Brixton plc was a British-based property business headquartered in London. It was a former constituent of the FTSE 250 Index. The firm was acquired by SEGRO in 2009. History The company was founded in 1924 by Percy Mayer as ''Brixton Estate Li ...

Operations

SEGRO owns commercial and industrial properties in the UK,

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

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Poland Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...

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, the

Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...

Belgium Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeas ...

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and

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

. The company's portfolio (including joint venture assets) was valued at £15.3 billion at 31 December 2024. In

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...

, Segro is developing a 75,000 square metre underground logistics centre close to the city centre for the "Last Mile" of logistics. Sites include: * East Midlands Gateway *Segro Park,

Kettering Kettering is a market town, market and industrial town, industrial town in the North Northamptonshire district of Northamptonshire, England, west of Cambridge, England, Cambridge, southwest of Peterborough, southeast of Leicester and north- ...

* Segro Park Dagenham *Segro Park,

Perivale Perivale () is a mainly residential suburban town of Greater London, west of Charing Cross. It is the smallest of the seven towns which make up the London Borough of Ealing. Perivale is predominately residential, with a library, community ce ...

*Segro Park, Rainham *

References

External links

Official site

History

Operations

References

External links

Further reading