Tag: LondonMetric Property

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 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 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 Property Plc has off market acquired six single let urban logistics properties for £78 million from a FSTE 100 pension fund. The purchase...

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...

LondonMetric Property has sold five properties, in separate transactions, for £26.7 million, reflecting a 6% profit over 31 March 2024 book values. The retail and...

LondonMetric Property has agreed to sell two office assets in Scotland to a single buyer for £36.6 million, reflecting a blended NIY of 7.0%. The sales are former...

LondonMetric Property has sold seven properties in separate transactions for £31.3 million, reflecting a blended NIY of 7.0% and a 3% profit over prevailing...

LondonMetric Property Plc has announced the appointment of Sandy Gumm as a Non-Executive Director to the Board of Directors, effective March 27, 2024. Sandy Gumm is...

LondonMetric Property hass announced the completion of the merger with LXi REIT plc, as the Scheme of Arrangement became effective on March 5, 2024. Concurrently,...

LondonMetric and LXi have entered into a strategic merger, laying the foundation for the creation of a major UK Real Estate Investment Trust (REIT). LondonMetric...

LondonMetric Property has bought a long-let distribution warehouse in Doncaster for £21.2 million, reflecting a NIY of 6.3%. The 264,000 sq ft regional logistics warehouse is let...