London close: Stocks finish higher on US tariff optimism
9th May 2025 16:46
(Sharecast News) - London equities ended the week higher on Friday, supported by improved sentiment surrounding US trade developments.
Read moreLondonMetric to acquire Urban Logistics in £698m deal
9th May 2025 08:11
(Sharecast News) - Property company LondonMetric revealed on Friday that it has reached agreement on the terms of a recommended cash and share offer for Urban Logistics REIT.
Read moreUrban Logistics 'minded to recommend' revised LondonMetric proposal
14th Apr 2025 16:44
(Sharecast News) - Urban Logistics REIT has received a revised takeover proposal from LondonMetric Property, it announced on Monday, valuing the company at £674m.
Read moreUrban Logistics REIT confirms takeover approach from LondonMetric
11th Apr 2025 12:52
(Sharecast News) - Urban Logistics REIT confirmed on Friday that it has received a preliminary, indicative takeover proposal from LondonMetric.
Read moreLondonMetric buys M&S logistics warehouse for £74m
10th Apr 2025 07:05
(Sharecast News) - LondonMetric Property said it had bought a long-let Marks & Spencer logistics warehouse for £74m, reflecting a net interest yield of 5.65%.
Read moreLondonMetric sells five warehouses for £40.4m
7th Apr 2025 07:10
(Sharecast News) - LondonMetric Property has sold £40.4m of mature and non-core urban warehousing across the UK, reflecting a net interest yield of 4.3%.
Read moreLondonMetric agrees acquisition of Highcroft Investments
27th Mar 2025 07:28
(Sharecast News) - LondonMetric Property has agreed to acquire Highcroft Investments in a recommended all-share deal, it announced on Thursday, that values the UK real estate investment trust at £43.8m.
Read moreLondonMetric secures £13.2m more in annual rental income
3rd Mar 2025 08:39
(Sharecast News) - LondonMetric Property said in an update on Monday that it has secured £13.2m in additional annual rental income this financial year through 122 lettings, regears, and rent reviews, including £5.5m since 30 September.
Read moreLondonMetric off loads non-core properties, buys seven more
15th Jan 2025 07:50
(Sharecast News) - LondonMetric Property said it had sold 10 non-core properties for £74.2 million and bought seven more for £50.1m.
Read moreLondon close: Stocks finish lower as Ashtead announces US move
10th Dec 2024 16:03
(Sharecast News) - London stocks closed in negative territory on Tuesday, weighed down by a dip in sentiment following news that Ashtead planned to shift its primary listing to the United States, adding to a growing trend of London-listed firms looking across the Atlantic.
Read moreJPMorgan upgrades Unite, downgrades LondonMetric
10th Dec 2024 07:31
(Sharecast News) - JPMorgan Cazenove upgraded Unite Group but downgraded LondonMetric on Tuesday as it took a look at the outlook for European property stocks.
Read moreLondonMetric earnings improve on back of growing rental income
26th Nov 2024 09:12
(Sharecast News) - LondonMetric Property reported a significant increase in first-half earnings on Tuesday, as net rental income soared 154% year-on-year to £193.1m.
Read moreLondonMetric offloads £58m more non-core assets
18th Nov 2024 07:52
(Sharecast News) - Real estate group LondonMetric Property has continued its capital recycling strategy with the sale of £58m-worth of non-core assets and the acquisition of a retail park in Essex.
Read moreLondonMetric adds £8.5m rent in year to date
14th Oct 2024 07:38
(Sharecast News) - LondonMetric Property said it had settled a number of deals that have added £8.5m in annual rent in the financial year to date.
Read moreLondonMetric buys portfolio for £78m
25th Sep 2024 07:03
(Sharecast News) - LondonMetric Property said it had bought six single let urban UK logistics properties for £78m from an unnamed FTSE 100 pension fund.
Read more