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Investors shouldn't sell Segro for short-term gain
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Investors shouldn't sell Segro for short-term gain
Segro's roots go back over 100 years. In 1920, Noel Mobbs led a consortium to buy 1.8 million square feet of workshops and 17,000 vehicles on a 600-acre site west of London. It had been a depot for the disposal of vehicles no longer needed by the army, but after disposing of the stock – which took five years – the new owners decided to turn the site into an industrial estate called the Slough Estate.The venture attracted businesses including Mar…
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