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Pin to quick picksLondonMetric Share News (LMP)

Share Price Information for LondonMetric (LMP)

London Stock Exchange
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Share Price: 199.10
Bid: 200.00
Ask: 200.80
Change: -6.10 (-2.97%)
Spread: 0.80 (0.40%)
Open: 205.40
High: 205.60
Low: 199.10
Prev. Close: 205.20
LMP Live PriceLast checked at -

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IN BRIEF: LondonMetric buys two retail properties for GBP23 million

Mon, 23rd May 2022 09:38

LondonMetric Property PLC - London-based property investor - Acquires two retail assets for GBP23.3 million. The company expects a blended initial yield of 6.7%. The properties are expected to generate GBP1.6 million a year in rent.

The first property is a 76,000 square foot property in Evesham. It is predominantly let to The Range and Halfords. The second property is 42,000 square foot in Burton-upon-Trent. It is currently let to Dunelm, Halfords, and Pets at Home.

Chief Executive Andrew Jones says: "These assets are let to the winning retailers across the discount, auto and pets sectors and offer multiple opportunities to leverage our asset management capabilities."

Current stock price: 247.00 pence, up 0.2% on Monday

12-month change: up 7.4%

By Sophie Rose; sophierose@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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28 Mar 2023 10:08

LondonMetric Property sells five warehouses for GBP35 million

(Alliance News) - London-based property investor LondonMetric Property PLC on Tuesday said it has sold five warehouses in two transactions for GBP34.8 million

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28 Mar 2023 07:54

LondonMetric sells five assets for £34.8m

(Sharecast News) - LondonMetric Property said it had sold five properties two transactions for £34.8m at a 4% discount to September 30 book value.

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23 Mar 2023 09:39

LondonMetric sells GBP46 million multi-let industrial units portfolio

(Alliance News) - LondonMetric Property PLC on Thursday said it completed the sale of three multi-let industrial estates in England for GBP46.0 million, representing a net initial yield of 5.8%.

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23 Mar 2023 07:15

LondonMetric sells three estates for £46m

(Sharecast News) - LondonMetric Property on Thursday said it had sold a portfolio of three multi-let industrial estates for £46m.

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6 Mar 2023 09:43

LondonMetric Property sells seven long income assets for GBP34 million

(Alliance News) - LondonMetric Property PLC on Monday said it has sold seven long income assets for GBP34 million, with the company's share at GBP30 million.

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6 Mar 2023 07:23

LondonMetric sells seven long-income assets

(Sharecast News) - LondonMetric Property announced the sale of seven long-income assets for £33.9m on Monday, with its share totalling £29.6m.

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2 Mar 2023 15:48

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Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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20 Feb 2023 09:15

LONDON BROKER RATINGS: Berenberg lowers Spectris; RBC cuts Direct Line

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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17 Feb 2023 09:19

LONDON BROKER RATINGS: Numis cuts British Land and Land Securities

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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26 Jan 2023 14:57

LondonMetric chair Vaughan to step down

(Sharecast News) - LondonMetric Property said on Thursday that chair Patrick Vaughan will step down from the board with effect from 11 July.

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26 Jan 2023 14:31

IN BRIEF: LondonMetric Property appoints Alistair Elliott as chair

LondonMetric Property PLC - London-based property investor - Appoints Non-Executive Director Alistair Elliott as chair from July 11, replacing Patrick Vaughan. Company refers to an annual general meeting held in July 2022, when 79% of shares cast their vote in favour of re-electing Patrick Vaughan to the board of directors. LondonMetric Property says shareholders noted that female representation fell below 33% at the 2022 annual general meeting, and that Vaughan's tenure as chair had lasted over nine years. The company confirms that at the next annual general meeting, female representation on the board will increase to 33% from currently 30%. "LondonMetric confirms that it is in advanced stages of recruiting a female non-executive director and expects to announce an appointment over the next two months," the firm says.

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24 Jan 2023 08:15

LondonMetric Property adds GBP2.4 million in yearly rent

(Alliance News) - LondonMetric Property PLC on Tuesday said it has added GBP2.4 million in annualised rent since September 30, having taken on 62 occupier initiatives.

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24 Jan 2023 07:53

LONDON BRIEFING: AB Foods says Primark has "very strong Christmas"

(Alliance News) - Stock prices in London were expected to open flat on Tuesday, after data showed UK government borrowing continued to break monthly records.

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24 Jan 2023 07:40

LondonMetric adds £2.4m in annual rent

(Sharecast News) - LondonMetric Property said it has undertaken 62 occupier initiatives since the end of September, adding £2.4m of annualised rent.

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10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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