LondonMetric ups dividend after strong rent collection
19th Nov 2020 07:44
(Sharecast News) - LondonMetric increased its dividend as the property company reported strong rent collection and higher revenue in the first half.
Read moreLondonMetric makes £22.2m from disposals
15th Oct 2020 09:23
(Sharecast News) - LondonMetric Property said on Thursday that it has sold four retail properties from its long income portfolio for £22.2m and bought three convenience stations for £10.8m.
Read moreRolls-Royce prices £2bn in senior notes as part of recapitalisation
15th Oct 2020 08:47
(Sharecast News) - Rolls-Royce has priced an offering of three tranches of senior unsecured notes denominated in dollars, euros and sterling, it announced on Thursday, to raise £2bn, as part of its recapitalisation package.
Read moreLondonMetric collects 94% of October rents
12th Oct 2020 08:18
(Sharecast News) - Property company LondonMetric on Monday said it had collected 94% of rent due up to October as tenants started repaying quarterly instead of monthly after coronavirus lockdown measures were eased.
Read moreLondonMetric sells six distribution warehouses for £57.3m
11th Sep 2020 07:28
(Sharecast News) - LondonMetric Property announced the disposal of a portfolio of six distribution warehouses for £57.3m to Canmoor and Canadian institutional investor AIMCo on Friday, reflecting a blended net initial yield of 5.3%.
Read moreTuesday broker round-up
7th Jul 2020 14:00
(Sharecast News) - Unite Group: Peel Hunt upgrades to add with a target price of 1,000.0p.
Read moreLiberum raises target price on LondonMetric
7th Jul 2020 10:13
(Sharecast News) - Analysts at Liberum raised their target price on British property company LondonMetric from 180.0p to 210.0p on Tuesday, stating the group's valuation was supported by a 4.0% dividend yield.
Read moreLondonMetric to raise dividend after 'strong' rent collection
2nd Jul 2020 07:24
(Sharecast News) - LondonMetric Property said on Thursday that 95% of advance rental payments due up to 24 June had been collected, or was being collected monthly.
Read moreLondonMetric makes two new property acquisitions
25th Jun 2020 08:09
(Sharecast News) - LondonMetric Property announced two acquisitions for a total consideration of £72.9m on Thursday, with both transactions having previously been identified by the company at the time of its recent equity placing.
Read moreTuesday broker round-up
16th Jun 2020 14:32
(Sharecast News) - Big Yellow: Berenberg downgrades to hold with a target price of 1,050p.
Read moreLondonMetric pays Q4 dividend, eyes rise in online food shopping
10th Jun 2020 07:03
(Sharecast News) - Property manager LondonMetric paid a fourth quarter dividend as looked to cash in on the rise in online shopping during the coronavirus lockdown.
Read moreLondonmetric acquires two long income assets
3rd Jun 2020 09:12
(Sharecast News) - Real estate investment trust Londonmetric acquired two long income assets on Wednesday for a total of £11.6m, reflecting a blended net initial yield of 5.1%.
Read moreTuesday broker round-up
5th May 2020 13:27
(Sharecast News) - Stagecoach Group: Canaccord upgrades to buy with a target price of 110p.
Read moreLondonmetric looks to raise ?100m, nudges dividend higher
5th May 2020 08:52
(Sharecast News) - Real estate investment trust Londonmetric announced plans to raise up ?100m of fresh equity in order to capitalise on opportunities presented to it as a result of the Covid-19 pandemic.
Read moreLondonMetric 2020 earnings seen in line with expectations
2nd Apr 2020 08:14
(Sharecast News) - Property company LondonMetric said on Thursday that its 2020 EPRA earnings are set to be in line with expectations and the third-quarter dividend will be paid as planned, adding that it was still too early to assess the impact of the Covid-19 outbreak.
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