IN BRIEF: LondonMetric JV buys retail site on Old Kent Road in London
15th Dec 2022 10:50
LondonMetric Property PLC - London-based property investor - Acquires a retail property in south east London for GBP38.0 million through one of its joint ventures. Its share is GBP19.0 million, reflecting an initial yield on costs to the firm of 5.4%, rising to 5.7% upon completion of short-term asset management initiatives. Following the acquisition, LondonMetric holds a 69% interest in the joint venture. Read More