Source: www.reuters.com

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(Reuters) - Warehousing specialist Segro said on Friday it expects highest rental growth in its urban markets such as London and Paris in the medium term, helped by strong demand, particularly from e-commerce tenants.

The company, which operates in eight European countries, said adjusted pre-tax profit for the year ended Dec. 31, 2021 jumped 20% to 356 million pounds ($484.9 million).

($1 = 0.7342 pounds)

Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Sriraj Kalluvila