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Market wrap: SEGRO boosted by 2020 growth

Industrial REIT SEGRO‘s share price was boosted following results that saw valuation and profits climb last year.

The REIT had reported a 16.3% climb in NAV per share, with a 10.3% rise in its portfolio to nearly £13bn during 2020. Its share price inched up by 1.5% to 977.4p.

Civitas Social Housing rose by 0.9% to 108.6p, after securing an £85m loan from M&G IM to back new acquisitions.

Primary healthcare investor and developer Assura was also up, rising by 1.4% to 74.2p. The company today announced it had completed its purchase of developer Apollo Capital Projects Development, allowing it to expand its pipeline.

The FTSE 100 rose by 0.1% to 6,624 and the FTSE 250 climbed by 0.5% to 21,036.

 

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