LondonMetric 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%.
Read moreLondonmetric inks three new grocery lettings
1st Mar 2022 07:44
(Sharecast News) - Real estate investment trust LondonMetric has inked three grocery lettings across its long income and retail park assets in Ashford, Totton and Tonbridge.
Read moreLondonMetric disposes of Solihull car showroom, acquires Birmingham retail asset
16th Feb 2022 07:20
(Sharecast News) - Real estate investment trust LondonMetric has disposed of a car showroom investment in Solihull for £15.0m, reflecting a net initial yield of 4.75%.
Read moreLondonMetric acquires Luton warehouse for £15.5m
9th Feb 2022 07:48
(Sharecast News) - Real estate investment trust LondonMetric Property has acquired an urban logistics warehouse in Luton from Marcol Industrial for £15.5m.
Read moreLondonMetric acquires Savills IM Income and Growth Fund for £122.2m
22nd Dec 2021 07:24
(Sharecast News) - Property company LondonMetric has acquired Savills IM Income and Growth Fund in a corporate transaction valued at £122.2m, reflecting a blended yield on cost of 4.3% and an anticipated reversionary yield of 4.9%.
Read moreDirector dealings: Londonmetric Property chairman lowers stake
24th Nov 2021 15:49
(Sharecast News) - Londonmetric Property revealed on Wednesday that chairman Patrick Vaughan had disposed of 400,000 ordinary shares in the FTSE 250-listed property investor.
Read moreLondonMetric raises £175m for acquisitions
18th Nov 2021 08:46
(Sharecast News) - LondonMetric said it would raise £175m to fund acquisitions and developments as the property company reported strong first-half results.
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