Tag: LondonMetric Property
LondonMetric divests warehouse in Solihull for £21m
LondonMetric Property has agreed to sell a DHL logistics warehouse in Solihull for £20.5 million, reflecting a NIY of 4.15% with a rent review due later this...
LondonMetric sells five distribution warehouses for £35m
LondonMetric Property has agreed to sell five distribution warehouses in two transactions for £34.8 million, reflecting a NIY of 5%. Four of the assets have...
LondonMetric sells multi-let industrial portfolio for £46m
LondonMetric Property has sold a portfolio of three multi-let industrial estates for £46 million, which reflects a NIY of 5.8%. The disposal is slightly...
LondonMetric divests seven assets for £34m
LondonMetric Property has sold seven long income assets for £33.9 million (LondonMetric share: £29.6 million), reflecting a blended NIY of 4.5% and crystallising a...
LondonMetric JV buys retail asset in east London for $38m
LondonMetric Property has purchased a triple net retail asset from an open ended property fund for £38 million through one of its joint ventures. This reflects an...
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...