SEGRO dipped by 0.8% during trading today, despite revealing surging profits and valuation over the first half of the year.
The FTSE 100 industrial REIT reported a 19% profit climb to £168m during the six-month period, with a portfolio value up 10% and NAV per share rising 11.7%.
SEGRO’s share price ended the day at 1,195p.
Gresham House’s Residential Secure Income REIT fell by 0.5p to 104p. The drop came even as the REIT posted a boost in income in its interim results.
Elsewhere, in a downbeat day for real estate, NewRiver REIT fell by 3.4%, Capital & Regional dropped by 2.8% and Harworth Group fell by 2.3%.
The FTSE 100 was up 0.9% at 7,078 points and the FTSE 250 rose 0.2% to 23,051 points.
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