SEGRO Plc: Surging U.K. Gilt Yields Create An Attractive Entry Point

SEGRO Plc is trading at a 23% discount to NAV despite robust fundamentals and a clear growth trajectory. SEGXF's high-quality assets, strong leasing spreads, and 95% occupancy underpin resilient earnings and an attractive dividend yield above 4%. AI data center development offers embedded growth optionality, and there is a path to double gross rents in the coming years.