LondonMetric completes merger with LXi, buys Crewe property
6th Mar 2024 07:27
(Sharecast News) - LondonMetric Property announced the completion of its merger with LXi REIT on Wednesday, effective on 5 March.
Read moreLondonMetric, LXI REIT to merge in £1.9bn deal
11th Jan 2024 07:36
(Sharecast News) - LondonMetric and LXI REIT announced on Thursday that they have agreed to merge in a deal that will create a £4.1bn property company.
Read moreLondonMetric buys warehouse for £21.2m for let to Next
8th Jan 2024 07:17
(Sharecast News) - LondonMetric Property said it had bought a warehouse in Doncaster for £21.2m which will be let to fashion retailer Next for 13 years.
Read moreLondonMetric in talks to buy LXi REIT
18th Dec 2023 15:03
(Sharecast News) - LondonMetric and LXi REIT confirmed on Monday that they are in talks about a possible all-share merger to create a real estate company worth £3.9bn.
Read moreLondon close: Stocks make small gains on quiet Thursday
23rd Nov 2023 16:09
(Sharecast News) - London's stock markets saw a positive turnaround by the end of the day on Thursday despite subdued trading activity due to the Thanksgiving holiday in the United States.
Read moreLondonMetric swings to profit after solid first half
23rd Nov 2023 07:57
(Sharecast News) - FTSE 250-listed real estate group LondonMetric Property raised its interim dividend after a solid first half in which it swung to a profit on the back of a revaluation of its portfolio.
Read moreLondonMetric offloads six properties for £24.5m
2nd Nov 2023 08:56
(Sharecast News) - LondonMetric Property announced the sale of four offices and two long-income assets in separate transactions on Thursday for a total of £24.5m in proceeds.
Read moreLondonMetric sells four East Midlands units for £41m
14th Sep 2023 07:10
(Sharecast News) - Real estate group LondonMetric Property is to sell four multi-let industrial estates in the East Midlands for £40.5m, as it continues to sell off assets acquired in its takeover of A&J Mucklow in 2019.
Read moreLondonMetric sells four long income and retail assets for £16.9m
11th Sep 2023 07:20
(Sharecast News) - LondonMetirc Property said on Monday that it has sold four long income and retail assets in separate transactions for £16.9m, in line with the book value.
Read moreLondonMetric finalises acquistions of CT Property
8th Aug 2023 09:14
(Sharecast News) - LondonMetric Property has finalised its acquisition of CT Property Trust (CTPT), it announced on Tuesday, issuing 105.6 million new shares to CTPT shareholders.
Read moreLondonMetric sells five assets for £42.8m
6th Jul 2023 07:14
(Sharecast News) - LondonMetric Property said it has sold five assets for £42.8m, reflecting a net initial yield of 4.5%, the company said on Thursday.
Read moreDirector dealings: BAT non-exec invests, LondonMetric directors cover tax bills
20th Jun 2023 15:11
(Sharecast News) - Cigarette giant British American Tobacco was on the list of buys on Tuesday, after a non-executive director spent more than £40k on shares.
Read moreLondonMetric reports robust year, agrees to acquire CTPT
24th May 2023 11:20
(Sharecast News) - LondonMetric Property reported a robust operational performance in its annual results on Tuesday, leading to growth in EPRA earnings and dividends.
Read moreLondonMetric sells five assets for £34.8m
28th Mar 2023 07:54
(Sharecast News) - LondonMetric Property said it had sold five properties two transactions for £34.8m at a 4% discount to September 30 book value.
Read moreLondonMetric sells three estates for £46m
23rd Mar 2023 07:15
(Sharecast News) - LondonMetric Property on Thursday said it had sold a portfolio of three multi-let industrial estates for £46m.
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