Tag: LondonMetric Property
LondonMetric and LXi REIT in talks for all-share merger
LondonMetric Property and LXi REIT confirmed that they are in talks regarding a possible all-share merger of the two companies, pursuant to which LondonMetric...
LondonMetric sells six assets for £24.5m
LondonMetric Property has sold six assets in separate transactions for £24.5 million.
Four non-core assets have been sold from the recently acquired CT Property Trust...
Hines buys four multi-let industrial estates for £41m
LondonMetric Property has sold a portfolio of four multi-let industrial estates to Hines for £40.5 million, reflecting a NIY of 6.2%.
The estates total 435,000...
LondonMetric sells four retail assets for £17m
LondonMetric Property has sold four retail assets for £16.9 million in separate transactions.
The largest asset comprises a 27,000 sq ft Waitrose store in Malmesbury which...
LondonMetric adds two solar PV arrays to its portfolio
LondonMetric Property, as part of its strategy to help occupiers progress their net zero carbon ambitions, has facilitated the addition of two solar PV...
LondonMetric sells five urban assets for £43m
LondonMetric Property has agreed to sell five urban assets for £42.8 million, reflecting a NIY of 4.5%.
The combined sales are in line with...
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...
