LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

184.20p
   
  • Change Today:
    -2.20p
  • 52 Week High: 209.00p
  • 52 Week Low: 170.50p
  • Currency: UK Pounds
  • Shares Issued: 2,342.91m
  • Volume: 13,878,942
  • Market Cap: £4,315.63m
  • Beta: 0.02

LondonMetric buys portfolio for £78m

By Frank Prenesti

Date: Wednesday 25 Sep 2024

LONDON (ShareCast) - (Sharecast News) - LondonMetric Property said it had bought six single let urban UK logistics properties for £78m from an unnamed FTSE 100 pension fund.
The portfolio generates income of £4.8m a year, which is expected to rise to £5.8m over the next two years, the company said on Wednesday.

Separately, LondonMetric said it also sold a further office asset in Edinburgh for £6m.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

LMP Market Data

Currency UK Pounds
Share Price 184.20p
Change Today -2.20p
% Change -1.18 %
52 Week High 209.00p
52 Week Low 170.50p
Volume 13,878,942
Shares Issued 2,342.91m
Market Cap £4,315.63m
Beta 0.02

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.23% below the market average55.23% below the market average55.23% below the market average55.23% below the market average55.23% below the market average
68% below the sector average68% below the sector average68% below the sector average68% below the sector average68% below the sector average
Price Trend
4.29% above the market average4.29% above the market average4.29% above the market average4.29% above the market average4.29% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Income
55.87% above the market average55.87% above the market average55.87% above the market average55.87% above the market average55.87% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Growth
96.67% above the market average96.67% above the market average96.67% above the market average96.67% above the market average96.67% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 6
Buy 4
Neutral 2
Sell 0
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LMP Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 28-Aug-25 29-May-25
Paid 08-Oct-25 09-Jul-25
Amount 3.05p 3.30p

Trades for 29-Aug-2025

Time Volume / Share Price
12:48 4,502,318 @ 185.90p
12:48 4,502,318 @ 185.90p
16:38 522,536 @ 184.20p
16:36 11,615 @ 184.20p
16:36 2,483 @ 184.20p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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