LondonMetric Share News (LMP)

LondonMetric Property increases portfolio exposure to warehouse assets

(Alliance News) - LondonMetric Property PLC on Thursday announced a rejig of its property portfolio.

LondonMetric shakes up portfolio, exits non-core assets

(Sharecast News) - Real estate firm LondonMetric has raised £31m from selling seven properties and acquired six more assets for £45m, the company announced on Thursday.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: UBS raises Centrica to 'buy' from 'neutral

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

LONDON BROKER RATINGS: JPMorgan raises Taylor Wimpey, Persimmon

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

LONDON BRIEFING: Astra makes USD1.05 billion buy; Halma backs outlook

(Alliance News) - London's FTSE 100 is set to tread water after the opening bell sounds on Thursday, as investors look to a batch of US data to come in the early afternoon.

LONDON BROKER RATINGS: ITV, LondonMetric, Man, Domino's get upgrades

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

LONDON BRIEFING: Virgin Money UK accepts Nationwide takeover

(Alliance News) - Stocks in London are called to open higher on Thursday, as all eyes turn to the latest interest rate decision from the European Central Bank.

LondonMetric completes LXi merger, announces logistics acquisition

(Alliance News) - LondonMetric Property PLC Property PLC on Wednesday announced completion of its merger with LXi REIT PLC, as well as the GBP13.0 million purchase of a property development and sales of non-core assets.

LONDON BROKER RATINGS: JPMorgan raises IAG; Jefferies likes Experian

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

LONDON BRIEFING: ConvaTec profit doubles; DS smith trades in line

(Alliance News) - Stocks are called to open higher on Wednesday, with focus in the UK on Wednesday's Spring budget.

LondonMetric completes merger with LXi, buys Crewe property

(Sharecast News) - LondonMetric Property announced the completion of its merger with LXi REIT on Wednesday, effective on 5 March.

IN BRIEF: Hollywood Bowl to replace LXi REIT in FTSE 250

Hollywood Bowl Group PLC - Hemel Hempstead, England-based ten-pin bowling centre operator - To be added to FTSE 250 index with effect March 5, replacing outbound LXi REIT PLC, FTSE Russell says. On Tuesday, commercial real estate investment trust LXi REIT said shareholders backed its tie-up with LondonMetric Property PLC. The merger will see LondonMetric takeover LXi REIT, whose shareholders will receive 0.55 of a new LondonMetric share for each LXi REIT share that they own. LondonMetric shareholders will own 54% of the enlarged company and LXi holders the remaining 46%.

IN BRIEF: LXi REIT shareholders back LondonMetric tie-up

LXi REIT PLC - London-based commercial real estate investment trust - All share merger with LondonMetric Property PLC approved at court and general meetings. Just under 100% vote in favour at general meeting and just 95% at court meeting. The merger will see LondonMetric takeover LXi REIT, whose shareholders will receive 0.55 of a new LondonMetric share for each LXi REIT share that they own. LondonMetric shareholders will own 54% of the enlarged company and LXi holders the remaining 46%. The merger will create a combined company with EPRA net tangible assets of GBP4.1 billion, which the pair last month said will make it the fourth-largest UK REIT.