SEGRO plc history, profile and corporate video
SEGRO plc is a Real Estate Investment Trust (REIT), and an owner, asset manager and developer of warehousing and industrial property. It is headquartered in London, England, United Kingdom.
HISTORY
SEGRO’s origins date back to 1920 when Lord Percival Perry, Redmond McGrath and Noel Mobbs founded The Slough Trading Company Ltd and purchased a military repair depot established by the British Government in Slough during the First World War. They rehired the original War Department staff, adapting the military vehicles for civilian use.
The military vehicles were quickly recycled and sold off, and the workshops were then made available for rent, being successfully let to a variety of customers. In doing so, the company became a property company.
In 1926, the company changed its name to Slough Estates Ltd and focused on producing spaces for customers.
By 1994, Slough Estates became the largest Industrial property developer in the UK and Europe.
In 2007, Slough Estates changed its name to SEGRO plc and became a UK Real Estate Investment Trust (REIT).
In 2009, SEGRO acquired the British company Brixton plc.
In 2013, the SEGRO European Logistics Partnership (SELP) was created.
In 2015, the company acquired the Italian company Vailog.
In 2018, SEGRO acquired the British company Roxhill.
PRODUCTS
The company’s portfolio includes big box and urban warehouses, located in around cities and key transport hubs across the UK and Europe. Its products suit a broad range of customers, from manufacturing and logistics to Q-commerce, film and TV studios.
Big box warehouses
Big box warehouses are used for storage and processing of goods for regional, national and international distribution by trucks or by rail. They are used by retailers, third-party logistics and transport companies, manufacturers, distributors and wholesalers.
Urban warehouses
Urban warehouses are located in or close to cities and key transport hubs. They are used by retailers and supermarkets, parcel delivery companies, food preparation companies, data centre operators, air cargo handling companies and other wholesalers. They are also used for office space, car showrooms, self-storage facilities and trade counters.
SEGRO owns warehouses and industrial properties in the United Kingdom, Czech Republic, France, Germany, the Netherlands, Italy, Poland, and Spain.
With more than 385 employees, SEGRO Plc is considered one of Europe’s largest industrial real estate companies. According to Forbes, it is considered one of the Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, and www.segro.com.
**Video published on YouTube by “SEGRO plc“.
