LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

194.00p
   
  • Change Today:
      0.90p
  • 52 Week High: 209.00
  • 52 Week Low: 170.50
  • Currency: UK Pounds
  • Shares Issued: 2,342.91m
  • Volume: 164,165
  • Market Cap: £4,545.24m

LondonMetric sells five warehouses for £40.4m

By Frank Prenesti

Date: Monday 07 Apr 2025

LONDON (ShareCast) - (Sharecast News) - LondonMetric Property has sold £40.4m of mature and non-core urban warehousing across the UK, reflecting a net interest yield of 4.3%.
The five warehouses have been sold in separate transactions to owner occupiers and long only funds, the company said on Monday.

LondonMetric said the sales were in line with September 30 book values and have delivered a profit on cost of 30% and an ungeared internal rate of return of 10%.

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 194.00p
Change Today 0.90p
% Change 0.47 %
52 Week High 209.00
52 Week Low 170.50
Volume 164,165
Shares Issued 2,342.91m
Market Cap £4,545.24m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.6% below the market average54.6% below the market average54.6% below the market average54.6% below the market average54.6% below the market average
58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average58.33% below the sector average
Price Trend
29.38% above the market average29.38% above the market average29.38% above the market average29.38% above the market average29.38% above the market average
35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average35.71% above the sector average
Income
53.31% above the market average53.31% above the market average53.31% above the market average53.31% above the market average53.31% above the market average
4.35% above the sector average4.35% above the sector average4.35% above the sector average4.35% above the sector average4.35% above the sector average
Growth
96.22% above the market average96.22% above the market average96.22% above the market average96.22% above the market average96.22% 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 3
Neutral 2
Sell 0
Strong Sell 0
Total 11
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
  4th Interim 3rd Interim
Ex-Div 29-May-25 06-Mar-25
Paid 09-Jul-25 11-Apr-25
Amount 3.30p 3.00p

Trades for 14-Jul-2025

Time Volume / Share Price
08:52 1,753 @ 194.00p
08:51 26 @ 194.00p
08:50 86 @ 193.92p
08:48 481 @ 193.90p
08:47 517 @ 193.70p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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