Tag: LondonMetric Property
LondonMetric acquires two warehouses in Milton Keynes for £31.2m
LondonMetric has acquired two warehouses in Milton Keynes for £31.2 million, reflecting a blended net initial yield of 4.4% and a reversionary yield of...
LondonMetric sells retail assets to Realty Income for £40.9m
LondonMetric Property Plc has sold a portfolio of retail assets to Realty Income, an S&P 500 US REIT, for £40.9 million, reflecting a blended...
LondonMetric acquires convenience service stations for £21.9m
LondonMetric Property Plc has acquired convenience service stations for £21.9 million across three separate transactions, reflecting a blended NIY of 5.1%. The transactions comprise: -...
LondonMetric buys two urban logistics warehouses for £13.2m
LondonMetric Property Plc has bought two urban logistics warehouses in London and Redditch for £13.2 million, reflecting a blended net initial yield of 4.7%. The urban warehouses...
LondonMetric acquires two urban logistics warehouses for £39m
LondonMetric Property Plc has acquired two urban logistics warehouses in Manchester and Birmingham for £39 million, reflecting a blended yield on cost of 4.25%....
LondonMetric pre-lets 120,000 sq ft logistics warehouse near Birmingham
LondonMetric Property Plc has secured a pre-let agreement with a global retail company on a new 15 year term at an annual rent of £1.6...
LondonMetric to commence development of logistics facility in Bedford
LondonMetric Property will commence development of a 350,000 sq ft logistics facility at its Bedford Link Logistics Park. “Bedford has established itself as a key...
LondonMetric announces disposals and acquisitons
LondonMetric Property has sold four retail properties from its long income portfolio for £22.2 million, reflecting a blended NIY of 4.6%. The company also announced the acquisition...
LondonMetric sells six warehouses for £57.3m
LondonMetric Property Plc (LondonMetric) has sold a portfolio of six distribution warehouses for £57.3 million to Canmoor and Canadian institutional investor, AIMCo, reflecting a blended NIY of 5.3%. The portfolio has been acquired over...
LondonMetric announces two acquisitions totaling £73m
LondonMetric Property Plc (LondonMetric) has announced two acquisitions for a total consideration of £72.9 million. Through a £62.0 million sale and leaseback, LondonMetric has acquired a portfolio...