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LondonMetric sells two assets for £28.2m

LondonMetric Property has sold two assets for £28.2 million, reflecting a blended NIY of 4.6%. The REIT sold a 61,000 sq ft retail park in...

LondonMetric divests four properties for £25.6m

LondonMetric has sold four properties, in two separate transactions, for £25.6 million, reflecting a blended NIY of 5.3%. LondonMetric said the properties have a WAULT...

Alistair Elliott joins LondonMetric as non-executive director

LondonMetric has appointed Alistair Elliott as an independent Non-Executive Director with immediate effect. Alistair Elliott was most recently senior Partner and Chair of the Knight...

LondonMetric buys two retail properties for £23m

LondonMetric has purchased a portfolio comprising two NNN retail properties for £23.3 million, reflecting a blended NIY of 6.7%. The retail properties generate a rent...

LondonMetric sells distribution warehouse in Reading for £60.6m

LondonMetric has exchanged on the sale of its distribution warehouse in Reading to EQT Exeter for £60.6 million. The 229,000 sq ft warehouse is let to DHL. LondonMetric...

LondonMetric sells four assets for £34.2m

LondonMetric has sold four assets, in separate transactions, for £34.2 million, reflecting a blended NIY of 4.1%. The combined sale price is 35% above its 30...

LondonMetric buys two urban logistics properties for £29m

LondonMetric has paid £28.8 million for two urban logistics properties, reflecting a blended yield of 4.5% and a reversionary yield of 5.0%. Londonmetric said the...

LondonMetric pays £26.7m for six London urban logistics warehouses

LondonMetric has acquired six urban logistics warehouses in London in separate transactions for a total investment of £26.7 million, reflecting an anticipated blended initial yield of...

LondonMetric signs grocery lettings totalling 67,000 sq ft

LondonMetric Property has signed three new grocery lettings totalling 67,000 sq ft in Ashford, Totton and Tonbridge. The lettings will generate £1.2 million of...

LondonMetric sells Solihull property for £15m

LondonMetric has sold a car showroom in Solihull for £15 million, reflecting a NIY of 4.75%. The 52,000 sq ft asset was acquired as part...

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