2025-06-12-Jefferies-SEGRO（SGRO）_初步观点_首席财务官继任_7页_100kb

SEGRO UK REIT: CFO Succession Update

• Key Change: SEGRO has appointed Susanne Schroeter-Crossan as the successor to CFO Soumen Das, who will step down at the end of the year, facilitating a smooth transition.
• New CFO Background: Ms. Schroeter-Crossan is an external hire from outside the REIT industry; she is the current CFO of sennder Technologies GmbH and has prior experience at Zalando SE, HelloFresh SE, and LEG Immobilien, with expertise in finance, logistics, and real estate.
• Rating and Target: The report rates SEGRO as HOLD with a price target of 744p, indicating a 6% upside from current levels (700.60p).
• CEO Commentary: David Sleath highlighted her diverse background as a strength for the company.
• Company Focus: SEGRO is a UK REIT specializing in UK and European industrial real estate properties.
• Valuation and Risk: Based on a DCF model; risks include variations in industrial sector uptake. Historical ratings show volatility, with a HOLD rating here.