LondonMetric sells seven long-income assets
6th Mar 2023 07:23
(Sharecast News) - LondonMetric Property announced the sale of seven long-income assets for £33.9m on Monday, with its share totalling £29.6m.
Read moreLondonMetric chair Vaughan to step down
26th Jan 2023 14:57
(Sharecast News) - LondonMetric Property said on Thursday that chair Patrick Vaughan will step down from the board with effect from 11 July.
Read moreLondonMetric adds £2.4m in annual rent
24th Jan 2023 07:40
(Sharecast News) - LondonMetric Property said it has undertaken 62 occupier initiatives since the end of September, adding £2.4m of annualised rent.
Read moreLondonMetric JV buys retail park for £38m
15th Dec 2022 08:02
(Sharecast News) - LondonMetric Property said on Thursday that it has bought a NNN retail asset from an open-ended property fund for £38m through one of its joint ventures.
Read moreDirector dealings: Londonmetric Property chairman sells shares
25th Nov 2022 15:28
(Sharecast News) - Londonmetric Property revealed on Friday that chairman Patrick Vaughan had disposed of 300,000 ordinary shares in the FTSE 250-listed real estate investment trust.
Read moreHigher interest rates knock LondonMetric
23rd Nov 2022 09:54
(Sharecast News) - LondonMetric Property reported a slide into the red on Wednesday, despite a jump in rental income, after higher interest rates hit home.
Read moreLondonMetric sells two assets for £28.2m
1st Nov 2022 08:21
(Sharecast News) - LondonMetric Property said it had sold two assets for a combined £28.2m reflecting a blended net net initial yield (NIY) of 4.6%.
Read moreLondonMetric benefits from big box pivot
5th Oct 2022 07:09
(Sharecast News) - Property investor LondonMetric said its pivot away from big box logistics and operational retail parks into highly reversionary urban logistics and well located long income assets has seen it benefit from favourable demand/supply dynamics, underpinning "good" income growth.
Read moreLondonMetric sells four assets for £25.6m
16th Aug 2022 08:12
(Sharecast News) - LondonMetric Property said on Tuesday that it has sold four assets in two separate transactions, for £25.6m, reflecting a blended net initial yield of 5.3%.
Read moreLondonMetric posts strong uplift in portfolio value
26th May 2022 08:11
(Sharecast News) - LondonMetric Property reported a portfolio value of £3.6bn in its full-year results on Thursday, up from £2.6bn year-on-year.
Read moreLondonMetric acquires two NNN retail assets
23rd May 2022 07:14
(Sharecast News) - Real estate investment trust LondonMetric has acquired a portfolio comprising two single-tenant triple-net retail assets for £23.3m, reflecting a blended net initial yield of 6.7%.
Read moreLondonMetric disposes of Reading warehouse asset for £60.6m
19th May 2022 07:43
(Sharecast News) - Real estate investment trust LondonMetric Property has disposed of its 229,000 square foot DHL distribution warehouse in Reading for a total of £60.6m.
Read moreLondonMetric sells four assets for combined £34.2m
16th May 2022 13:22
(Sharecast News) - LondonMetric said it had sold has sold four assets in separate transactions for £34.2m.
Read moreLondonMetric acquires two urban logistics assets for £28.8m
27th Apr 2022 08:14
(Sharecast News) - Property company Londonmetric Property has acquired two urban logistics properties for £28.8m in separate transactions, reflecting an anticipated blended yield of 4.5% and a reversionary yield of 5.0%.
Read moreLondonMetric buys six London warehouses for £26.7m
25th Apr 2022 07:03
(Sharecast News) - LondonMetric Property on Monday said it had bought six London urban logistics warehouses in separate transactions for £26.7m, reflecting an anticipated blended initial yield of 4.3% and a reversionary yield of more than 4.5%.
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