U.K. Real Estate Companies Rise as Segro Rejects Prologis Bid Approach -- Market Talk

Dow Jones

Jun 24

0754 GMT - Shares in U.K. real estate companies rise and are leading the FTSE 100 after Segro turned down a bid from U.S. real estate giant Prologis that valued the U.K. warehouse landlord at 12.6 billion pounds. Under the proposal, Segro shareholders would have received 0.084 new Prologis shares for each Segro share held, implying a value of 925 pence a share. This represented a 25% premium to Segro's closing price on Tuesday. Still, Prologis urged shareholders to press the board to engage. The company said its global platform, balance sheet and capital base would accelerate growth and unlock value in Segro's development and data-center pipeline. Segro shares are up 15%, with Tritax Big Box up 5.6%, British Land Company up 4.1% and Land Securities up 3.7%. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

June 24, 2026 03:54 ET (07:54 GMT)

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(anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 03:54 ET (07:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.K. Real Estate Companies Rise as Segro Rejects Prologis Bid Approach -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.K. Real Estate Companies Rise as Segro Rejects Prologis Bid Approach -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-24 15:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0754 GMT - Shares in U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. real estate companies rise and are leading the FTSE 100 after Segro turned down a bid from U.S. real estate giant Prologis that valued the U.K. warehouse landlord at 12.6 billion pounds. Under the proposal, Segro shareholders would have received 0.084 new Prologis shares for each Segro share held, implying a value of 925 pence a share. This represented a 25% premium to Segro's closing price on Tuesday. Still, Prologis urged shareholders to press the board to engage. The company said its global platform, balance sheet and capital base would accelerate growth and unlock value in Segro's development and data-center pipeline. Segro shares are up 15%, with Tritax Big Box up 5.6%, <a href=\"https://laohu8.com/S/BRLAF\">British Land</a> Company up 4.1% and <a href=\"https://laohu8.com/S/LDSCY\">Land Securities</a> up 3.7%. (anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 24, 2026 03:54 ET (07:54 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4534","symbol_name":"瑞士信贷持仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2645898294","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2645898294","pubTimestamp":1782287640,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","PLD":"安博","BK4171":"工业房地产投资信托","BK4224":"工业房地产信托","BK4588":"碎股","BTLCY":"British Land Company (The) PLC","BK4160":"多样化房地产投资信托v","BK4567":"ESG概念"},"translate_title":"Segro拒绝Prologis收购方案，英国房地产公司股价上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLD":1.5,"BTLCY":0.9},"content_text":"0754 GMT - Shares in U.K. real estate companies rise and are leading the FTSE 100 after Segro turned down a bid from U.S. real estate giant Prologis that valued the U.K. warehouse landlord at 12.6 billion pounds. Under the proposal, Segro shareholders would have received 0.084 new Prologis shares for each Segro share held, implying a value of 925 pence a share. This represented a 25% premium to Segro's closing price on Tuesday. Still, Prologis urged shareholders to press the board to engage. The company said its global platform, balance sheet and capital base would accelerate growth and unlock value in Segro's development and data-center pipeline. Segro shares are up 15%, with Tritax Big Box up 5.6%, British Land Company up 4.1% and Land Securities up 3.7%. (anthony.orunagoriainoff@dowjones.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 24, 2026 03:54 ET (07:54 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}