Mon, 08th Jan 2024 07:17
(Sharecast News) - LondonMetric Property said it had bought a warehouse in Doncaster for £21.2m which will be let to fashion retailer Next for 13 years.
The deal represented a net initial yield of 6.3%, the company said on Monday. Next will pay annual rent of £1.42m with fixed rental uplifts of 2.5%, increasing the purchase NIY to 7.1% within three years.
Separately, LondonMetric has sold an 18,000 sq ft office investment in Chiswick for £7.4m.
(Alliance News) - LondonMetric Property PLC on Thursday announced a rejig of its property portfolio.
(Sharecast News) - Real estate firm LondonMetric has raised £31m from selling seven properties and acquired six more assets for £45m, the co...
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:
LondonMetric (LMP)
Next (NXT)