Tag: LondonMetric Property
Urban Logistics receives £674m proposal from LondonMetric
Urban Logistics REIT plc has confirmed it has received a revised proposal from LondonMetric Property plc regarding a possible acquisition of the entire issued...
LondonMetric tables preliminary offer for Urban Logistics REIT
Urban Logistics REIT plc has confirmed that it has received a preliminary proposal from LondonMetric Property plc regarding a potential takeover bid, following recent...
LondonMetric pays £74m for long-let M&S logistics warehouse in Bristol
LondonMetric Property Plc has announced the acquisition of a 390,000 sq ft regional logistics warehouse in Bristol, pre-let to Marks & Spencer (M&S) on...
LondonMetric sells £40.4m non-core urban warehouses
LondonMetric Property Plc has announced the disposal of £40.4 million worth of mature and non-core urban warehouse assets, as part of its ongoing strategic...
LondonMetric to acquire Highcroft in all-share deal
LondonMetric Property has agreed to acquire Highcroft Investments Plc in an all-share transaction, valuing Highcroft at approximately £43.8 million.
Highcroft Investments Plc, an internally...
LondonMetric sells ten non-core properties for £74m
LondonMetric Property has divested ten non-core properties for a total consideration of £74.2 million (LondonMetric share: £69.4 million) and reflecting a NIY of 6.9%.
The...
LondonMetric divests 24 non-core assets for £58m
LondonMetric Property Plc has disposed of 24 properties across various non-core sectors, generating a total consideration of £57.9 million.
The transactions reflect a 6%...
LondonMetric boosts annual rent by £8.5m in latest occupational transactions
LondonMetric Property Plc has provided an update on its occupational transactions, announcing a £8.5 million increase in annual rent achieved so far in the...
LondonMetric snaps up £78m urban logistics portfolio
LondonMetric Property Plc has off market acquired six single let urban logistics properties for £78 million from a FSTE 100 pension fund.
The purchase...
LondonMetric appoints chief investment officer
LondonMetric Property Plc has appointed Darren Richards to the newly created role of Chief Investment Officer.
Darren Richards, who will report directly to CEO Andrew...