(Alliance News) - LondonMetric Property PLC on Thursday nearly tripled profit in its financial year, as it increased rental income and expanded its portfolio. Read More
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. Read More
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%. Read More
(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%. Read More
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. Read More
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. Read More
LondonMetric Property PLC - invests in distribution and long-income properties across UK - announces three grocery lettings across its long income and retail park assets in Ashford, Totton and Tonbridge. Read More
(Alliance News) - LondonMetric Property PLC said on Wednesday it has struck several deals in the Midlands to reshuffle its property portfolio and enhance yields. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:----------FTSE 100----------GOLDMAN SACHS WITH Read More
(Alliance News) - LondonMetric Property PLC on Wednesday declared a first quarter dividend of 2.0 pence per share for the year ending March 31, 2020.The payout for the first quarter to the Read More
(Alliance News) - LondonMetric Property PLC on Monday said it has agreed to purchase and fund a new distribution warehouse for GBP24.0 million, reflecting a yield on cost of 5.2%.The FTSE a Read More
