The UK's supply chain crisis is poised to fuel more demand for warehouse space, industrial property giant Segro has predicted. The comment came as the landlord and developer published a trading update. Segro said it secured £26m of new headline rent in the three months to September 30, up from £16m in the third quarter of 2020. The vacancy rate across the firm's estate has reduced to 3.2% from 4.3%. Segro's chief executive David Sleath said: “We head into the final months of 2021 with confidence in our ability to drive further sustainable growth in rental income, earnings and dividends.”
Read more: The Times
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