A year ago, I was negative about the property investment and development company SEGRO (SGRO), since when its share price has fallen from just over 1200p to 835p this morning. So, what are my updated views about the FTSE 100 name?
Hello Share Pickers. When a company goes for a hundred years growing, you can expect your investing money to be a bit safer than it might otherwise be. Segro (SGRO) is a property company that began in the roaring twenties as Slough Estates. It develops and invests in property located in the UK and Europe focusing on business space at the edge of town.
For the first time in a couple of years I might be visiting London in just under a couple of weeks time. Such excitement (not!) to see the Big Smoke. I read the other day that "house hunters wanting to buy a property in London this year are likely to face more competitive market conditions than in 2021...Since January, 51% more buyers have entered the market and 35% more property viewings took place". Such is the excitement (not!) for property market thoughts for 2022, because we all know that it is easy to extrapolate any generally positive move over the last 40 years for another few years.
