LondonMetric 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 moreLondonMetric sells portfolio of six retail assets
11th Mar 2021 07:35
(Sharecast News) - LondonMetric Property has sold a portfolio of long income assets to S&P 500 real estate investment trust Realty Income for £40.9m, it announced on Thursday, reflecting a blended net initial yield of 5.9%.
Read moreLondonMetric acquires seven service stations across three transactions
2nd Feb 2021 08:52
(Sharecast News) - LondonMetric has acquired £21.9m of convenience service stations across three separate transactions, it announced on Tuesday, reflecting a blended net initial yield of 5.1%.
Read moreLondonMetric buys two new warehouses in Manchester and Birmingham
12th Jan 2021 09:09
(Sharecast News) - LondonMetric Property announced the acquisition of two urban logistics warehouses in Manchester and Birmingham on Tuesday, for £39m, reflecting a blended yield on cost of 4.25%.
Read moreDirector dealings: Londonmetric chairman lowers stake
17th Dec 2020 15:49
(Sharecast News) - Londonmetric revealed on Thursday that chairman Patrick Vaughan had disposed of 500,000 ordinary shares in the FTSE 250-listed property company.
Read moreLondonMetric leases Tyseley development to mystery retailer
8th Dec 2020 08:15
(Sharecast News) - Property group LondonMetric has leased its Tyseley development near Birmingham to an unnamed retailer on a new 15-year lease at an annual rent of £1.6m.
Read moreMonday broker round-up
23rd Nov 2020 13:28
(Sharecast News) - DWF Group: Liberum initiates at hold with a target price of 90p.
Read more