Financial PositionThe balance sheet is well positioned with £2.2bn of cash and undrawn debt available, and an LTV of 29%.
Joint VentureDuring the quarter, the Company announced a 1bn JV with Pure DC to develop its first fully-fitted data centre.
Rental UpliftSEGRO continues to capture reversion, with rental uplift in the quarter on review and renewal some 25% ahead of previous rents.