Market PerformanceSEGRO shares are broadly flat YTD, having participated in the sector-wide sell-off.
Occupier Market ConditionsThe occupier market has slowed with take-up back to pre-pandemic levels and supply constant, leading to a fall in net absorption.
Pre-letting ActivityThe rate of pre-letting has slowed to 53% from a high of 75%, indicating a decrease in pre-committed rental agreements.