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The Latest Breaking News from Segro

Huge £1bn data centre for Park Royal gets go ahead from planners

Developers have pledged £3 million of community benefits, including dedicated digital fund.

Evening Standard

FTSE 100 holds firm amid hefty gold miner losses

Experts said the drop was a sign of ‘healthy price action’.

Evening Standard

Inside the data centres powering your phone — and the AI revolution

Without much fanfare London has become one of the world’s biggest markets for data centres anywhere in the world outside America

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

A new £1 billion data centre at Park Royal 'will power London's digital growth'

The 30,000 sq m three storey centre is being built on the site of a former online fashion warehouse in west London

Evening Standard

FTSE 100 gains as mining stocks boosted by gold rebound

The blue-chip index outperformed European rivals on Monday, with miners including Endeavour, Anglo American and Fresnillo among the top gainers.

The Independent UK

Segro fails in Tritax EuroBox takeover after Brookfield strikes deal

On Monday, Segro said that its all-share takeover deal for Tritax EuroBox, which it agreed in early September, ‘has lapsed’.

Evening Standard

Gridlock: why it can take 11 years to connect solar farms to the UK network

Companies are waiting up to 14 years for connections, leading some to revise net zero targets

The Guardian - UK

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Tritax bid battle takes fresh twist with new £1.1 bn cash offer from Brookfield

Canadian property giant makes all cash offer at a 6% premium to previous agreed Segro deal

Evening Standard

How teens can overcome hurdles to the job market

Facing disadvantages or living with neurodiversity can make taking the next step harder. Julie Henry explores how teenagers with challenges are getting access to work experience, employment and education

Evening Standard

Segro strikes development partnership with combined authority

Company commits to support £2bn development programme across the West Midlands

Birmingham Post

East Midlands Freeport won't comment on details of huge logistics park in Leicestershire countryside

Details of the logistics park are sparse - spokeswoman said they won't comment due to 'commercial confidentiality'

Birmingham Post

Film and 10-minute grocery boom boost warehouse giant Segro

London’s attractiveness as “the beating heart of the UKeconomy” has led to soaring demand for space to store food and make films, according to industrial property giant Segro.

Evening Standard

Retailers face tough 2022 despite sales rebound; FTSE 100’s worst week since November; NatWest back in profit – as it happened

Rolling coverage of the latest economic and financial news

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