SEGRO's net asset value eased in 2011

SEGRO, forever doomed to be referred to as the company formerly known as Slough Estates, saw earnings per share on a European Public Real Estate Association (EPRA) basis move up in 2011, although net asset value per share fell back.

SEGRO, forever doomed to be referred to as the company formerly known as Slough Estates, saw earnings per share on a European Public Real Estate Association (EPRA) basis move up in 2011, although net asset value per share fell back.

EPRA earnings per share rose 7.6% to £18.4m from £17.1m the year before, despite the company posting a loss before tax of £53.6m compared to a profit of £197.2m the year before. Net asset value per share dipped 5.7% to 345p from 366p at the end of 2010.

More to follow ...

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