LondonMetric sells one of its two Primark warehouses
16th Aug 2021 07:49
(Sharecast News) - LondonMetric Property has exchanged on the sale of its distribution warehouse in Thrapston, Northamptonshire, to EQT Exeter for £102m, it announced on Monday, reflecting a net initial yield of 4.1%.
Read moreLondonMetric sells Leeds retail park for £25.2m
9th Aug 2021 10:07
(Sharecast News) - LondonMetric has sold its retail park in Kirkstall, Leeds, for £25.2m, to a UK institutional investor.
Read moreMonday broker round-up
26th Jul 2021 13:31
(Sharecast News) - Ultra Electronics: Berenberg keeps at 'buy' but hikes target price from 2,730.0p to 3,500.0p.
Read moreLondonMetric exchanges contracts on two new lettings
7th Jul 2021 09:11
(Sharecast News) - Real estate investment trust LondonMetric Property has exchanged contracts on two new lettings totalling roughly 260,000 square feet, each on 15-year lease terms.
Read moreThursday broker round-up
3rd Jun 2021 12:50
(Sharecast News) - Experian: RBC Capital Markets downgrades to underperform with a target price of 2,400p.
Read moreLondonmetric hikes dividend after swinging to FY profit
27th May 2021 08:42
(Sharecast News) - Real estate investment trust Londonmetric hiked its final dividend on Thursday after swinging to a full-year profit on the back of higher annual rental income.
Read moreLondonMetric buys two warehouses for £13.5m to become dark kitchens
21st May 2021 07:38
(Sharecast News) - LondonMetric said it had bought two London warehouses for £13.5m which will be converted into "dark kitchens" serving the food delivery market.
Read moreLondonMetric acquires urban logistics warehouse in Waltham Cross
19th May 2021 08:13
(Sharecast News) - Real estate investment trust LondonMetric has acquired a "well-located" urban logistics warehouse in Waltham Cross for £43.8m as part of a sale and lease back transaction.
Read moreLondonMetric buys three urban logistics warehouses for £19m
14th May 2021 07:34
(Sharecast News) - LondonMetric Property has bought three urban logistics warehouses for £18.7m.
Read moreLondonMetric completes £780m of new debt
4th May 2021 10:21
(Sharecast News) - LondonMetric has completed its £380m private debt placement, with a blended maturity of 11.1 years and a blended coupon of 2.27%.
Read moreLondonMetric sells two properties for combined £11.1m
23rd Apr 2021 07:01
(Sharecast News) - LondonMetric Property has sold two properties let to Marks & Spencer and Wickes in Derby for a combined £11.1m to unnamed buyers.
Read moreLondonMetric reports strong rent collection
19th Apr 2021 07:07
(Sharecast News) - LondonMetric said it collected 98% of March rents and that rent collection was strong across all sectors.
Read moreLondonMetric sells 5 non-core office and retail assets for £38.5m
12th Apr 2021 07:37
(Sharecast News) - LondonMetric Property said on Monday that it has sold five non-core office and retail assets for a combined £38.5m, its share of which is £28m.
Read moreLondonMetric prices £380m placement to replace existing debt
25th Mar 2021 07:44
(Sharecast News) - LondonMetric Property has priced a £380m private debt placement with a number of institutional investors in North America and the UK, it announced on Thursday, to replace existing debt facilities.
Read moreLondonMetric buys two properties for £31.2m
16th Mar 2021 09:06
(Sharecast News) - LondonMetric Property said it had bought two warehouses in Milton Keynes for a total of £31.2m.
Read more