For the six months to June 30, 2020 Segro reported a 6.5% increase in adjusted profit before tax to £140.4m and also saw a 0.7% increase in the overall value of its portfolio to £11.2bn.

During the period the group also raised over £1bn in new equity and debt financing and invested around £631m net on new acquisitions, developments and land purchases.

Segro also reported securing £33.7m of new headline rent for the period, and said that 64% of its new developments had already been pre-leased as of June 30.