LondonMetric Share News (LMP)

LONDON BROKER RATINGS: JPMorgan cuts Just Eat Takeaway and Deliveroo

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

LondonMetric nearly triples annual profit, increases payout

(Alliance News) - LondonMetric Property PLC on Thursday nearly tripled profit in its financial year, as it increased rental income and expanded its portfolio.

LondonMetric posts strong uplift in portfolio value

(Sharecast News) - LondonMetric Property reported a portfolio value of £3.6bn in its full-year results on Thursday, up from £2.6bn year-on-year.

IN BRIEF: LondonMetric buys two retail properties for GBP23 million

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.

LondonMetric acquires two NNN retail assets

(Sharecast News) - Real estate investment trust LondonMetric has acquired a portfolio comprising two single-tenant triple-net retail assets for £23.3m, reflecting a blended net initial yield of 6.7%.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: LondonMetric Property sells warehouse for GBP60.6 million

LondonMetric Property PLC - London-based property investor - Sells distribution warehouse in Reading, England to Philadelphia, Pennsylvania-based real estate investor EQT Exeter for GBP60.6 million. Expects completion of the transaction in November. The 229,000 square feet warehouse is let to DHL, which is part of Deutsche Post AG. Notes that it acquired the property in 2015 with 10 years on a lease for GBP29.1 million, reflecting a net initial yield of 5.7%.

LondonMetric disposes of Reading warehouse asset for £60.6m

(Sharecast News) - Real estate investment trust LondonMetric Property has disposed of its 229,000 square foot DHL distribution warehouse in Reading for a total of £60.6m.

LondonMetric sells four assets for combined £34.2m

(Sharecast News) - LondonMetric said it had sold has sold four assets in separate transactions for £34.2m.

LondonMetric sells 4 long income and leisure assets for GBP34 million

(Alliance News) - LondonMetric Property PLC said on Monday it has sold four assets in England and Wales for GBP34.2 million, reflecting a blended net initial yield of 4.1%.

LONDON BROKER RATINGS: BofA cuts Vodafone; Jefferies cuts Brewin

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

IN BRIEF: LondonMetric buys two logistics properties for GBP29 million

LondonMetric Property PLC - London-based property investor - Acquires two urban logistics properties for GBP28.8 million, in separate transactions. The properties reflect an expected blended yield of 4.5% and a reversionary yield of 5.0%. They are expected to generate GBP1.4 million a year in rent.

LONDON BROKER RATINGS: Bank of America cuts Melrose, raises Spectris

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

LondonMetric acquires two urban logistics assets for £28.8m

(Sharecast News) - Property company Londonmetric Property has acquired two urban logistics properties for £28.8m in separate transactions, reflecting an anticipated blended yield of 4.5% and a reversionary yield of 5.0%.

IN BRIEF: LondonMetric Property buys warehouses for GBP26.7 million

LondonMetric Property PLC - invests in distribution and long-income properties across UK - Acquires six urban logistics warehouses in London in separate transactions, for GBP26.7 million total. Anticipates a blended initial yield of 4.3% and a reversionary yield of more than 4.5%. Expects the assets to generate a total rent of GBP1.2 million per year.