While investors fret about the future of shopping centres, the boom in online shopping has driven demand for warehouses and provided record quarterly rents for Segro.
The property company said that it had secured £27.3m of rent in the three months to April 17 and had completed 1.6m sq ft of developments, which could generate £10.9m of rent when fully let.
Segro develops warehouses and manages £9.3bn worth of space in ten European countries.
