SEGRO Slips After BoE Decision as Data Centres Remain in Spotlight
SEGRO shares fell 0.56% to 746.40p Monday, reversing part of Friday’s rally. The stock trades below consensus NAV of 959p, with UK 10-year gilt yields near 4.8% weighing on valuations. Investors await the Bank of England’s rate decision June 18 and SEGRO’s half-year results July 30. Data centre deals and rent growth remain in focus.