(Alliance News) - LondonMetric Property PLC on Monday reported strong rental income growth in the first half of its financial year, supported by acquisitions and leasing activity, as it reaffirmed its confidence in meeting full-year expectations. Read More
(Alliance News) - LondonMetric reports growth in rental income over its first half, GSK posts promising results from a drug trial while Volex expects annual profit at the upper end of market forecasts. Meanwhile, Abenojar Tungsten, set to list later this month, could be worth more than GBP600 million. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in Europe were supported by an easing of government bond yields, a weaker oil price and a calming of French fiscal nerves on Tuesday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
LondonMetric Property PLC - London-based real estate investment trust focused on owning and managing logistics, convenience, healthcare, entertainment and leisure properties - Sells seven properties for GBP85 million in total since its last trading update at the start of July. The property sales - most significantly GBP59 million for two Ramsay Health Care hospitals in Truro and Salford, England - are made at prices in line with March book values and reflecting a net initial yield of 5.3%. LondonMetric notes it now has sold 32 property assets for GBP175 million in total since the start of its financial year in April. Read More
(Alliance News) - M&G swings to a first-half pretax loss attributable to equity holders as short-term investment fluctuations weigh on statutory results, while LondonMetric Property announces GBP105 million of investment activity. Elsewhere, Jet2 says trading remains strong and announces plans to move from AIM to London's Main Market. Read More
Picton Property Income Ltd - Guernsey-registered real estate investment trust - The requisite majority of shareholders vote in favour of the scheme for Picton's acquisition by LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd at the court meeting and general meeting. Picton says shares will be suspended from trading on the Main Market on September 10, when it expects the scheme to become effective. Picton agreed to the recommended all-share takeover by the LondonMetric and SREIT consortium on July 31. Based on its closing price the day before, the offer valued Picton at 78.7 pence per share, or around GBP404 million. Read More
(Alliance News) - The FTSE 100 faltered on Thursday, despite technology focused stocks getting a boost from Nvidia, with investors wary ahead of Kevin Warsh's speech at Jackson Hole. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Thursday. Read More
(Alliance News) - Picton Property Income Ltd on Friday agreed to a recommended all-share takeover by a consortium comprising LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd, in a deal valuing the real estate investment trust at around GBP404 million. Read More
(Alliance News) - BP has put its North Sea unit up for sale, Sainsbury's has agreed to dispose of Argos, while NatWest has upped its guidance and says it will review a buyback resumption earlier than planned. Read More
(Alliance News) - LondonMetric Property PLC and Schroder Real Estate Investment Trust Ltd on Friday raised their potential takeover offer for Picton Property Income Ltd, which said it would be minded to recommend the sweetened bid. Read More
(Alliance News) - Stock prices in London opened mixed on Friday, with takeover activity lifting Vodafone and easyJet, while investors continued to monitor developments in the Middle East after shipping traffic through the Strait of Hormuz slowed sharply. Read More
(Alliance News) - easyJet backs a higher-priced GBP5.7 billion possible takeover from Apollo, LondonMetric and Schroder Real Estate Investment Trust improve their proposed offer for Picton Property Income, while Polar Capital Technology Trust reports its net asset value more than doubled in financial 2026. Read More
(Alliance News) - LondonMetric Property PLC on Thursday said progress regarding a proposed takeover offer for Picton Property Income Ltd is advancing, as it said its portfolio is performing well. Read More