If you need a stat to sum up just how thoroughly Segro dominates the UK real estate landscape, try this: The listed industrial company’s £17B market capitalisation is more than that of Landsec, British Land, Derwent and Great Portland Estates, combined. There used to be clear blue water between Landsec and the rest of UK property when it came to company valuation. But such has been the change in the way goods and services are purchased, and the parallel rise in the logistics sector, that Segro is now an ocean apart, nearly twice as large as the next biggest European company, Unibail-Rodamco-Westfield. Overseeing this rise for the last decade has been David Sleath, who moved from company finance director to CEO in April 2011. He’s modest enough to point out that Segro was very much in the right place at the right time to benefit from the explosion of e-commerce. 
“I’d love to say that we predicted all the changes that have come about,” he told Bisnow in an interview. “In reality, we are trying to respond to whatever society or our customers need.”It wasn’t just blind luck that put Segro where it is today,…  Read the full story here. | 
