LondonMetric nabs British Land exec as chief investment officer
24th Sep 2024 08:07
(Sharecast News) - Real estate investor and developer LondonMetric has appointed British Land's head of real estate as its new chief investment officer.
Read moreLondonMetric buys seven warehouses, sells off more non-core assets
2nd Sep 2024 07:16
(Sharecast News) - LondonMetric, the FTSE 250-listed real estate group, has announced a shake-up of its portfolio which includes £70m of warehouse acquisitions and £50m of non-core disposals.
Read moreLondon close: Stocks mixed as investors digest US inflation reading
30th Aug 2024 15:05
(Sharecast News) - London markets ended Friday with mixed results as investors assessed a series of economic data from the UK and the US.
Read moreCiti upgrades LondonMetric to 'buy'
31st Jul 2024 12:48
(Sharecast News) - Citi upgraded LondonMetric on Wednesday to 'buy' from 'neutral' as it said cyclical growth and structural expertise was undervalued.
Read moreSunday share tips: Londonmetric
14th Jul 2024 12:01
(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of LondonMetric to its readers, highlighting its long record of dividend payouts, focus on the fast-growing bits of the economy and "rude" financial health.
Read moreLondonMetric disposes of five properties for £26.7m
11th Jul 2024 08:07
(Sharecast News) - Real estate investment trust LondonMetric Property has disposed of five properties for a combined total of £26.7m.
Read moreLondon close: Stocks fall amid renewed global jitters
13th Jun 2024 15:52
(Sharecast News) - London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.
Read moreLondonMetric ups divi as M&A drives solid profit growth
4th Jun 2024 07:43
(Sharecast News) - FTSE 250-listed real estate investment trust LondonMetric saw profits and rental income both rise by more than 20% in the year to 31 March, helping the company to increase its dividend by 7.4%.
Read moreLondonMetric shakes up portfolio, exits non-core assets
30th May 2024 07:59
(Sharecast News) - Real estate firm LondonMetric has raised £31m from selling seven properties and acquired six more assets for £45m, the company announced on Thursday.
Read moreLondonMetric 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.
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