LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

193.10p
   
  • Change Today:
    -0.100p
  • 52 Week High: 209.00
  • 52 Week Low: 170.50
  • Currency: UK Pounds
  • Shares Issued: 2,342.91m
  • Volume: 16,810,947
  • Market Cap: £4,524.15m

Urban Logistics REIT confirms takeover approach from LondonMetric

By Michele Maatouk

Date: Friday 11 Apr 2025

LONDON (ShareCast) - (Sharecast News) - Urban Logistics REIT confirmed on Friday that it has received a preliminary, indicative takeover proposal from LondonMetric.
"The board is currently reviewing the proposal with its advisers," it said in a brief statement, adding that there can be no certainty that any offer will be made nor as to the terms of any such offer.

Urban Logistics said a further announcement will be made as appropriate.

Under UK takeover rules, LondonMetric has until 9 May to either announce a firm intention to make an offer or walk away.

At 1255 BST, Urban Logistics shares were up 3.2% at 127.40p, while LondonMetric was 0.6% higher at 180.10p.

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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 193.10p
Change Today -0.100p
% Change -0.05 %
52 Week High 209.00
52 Week Low 170.50
Volume 16,810,947
Shares Issued 2,342.91m
Market Cap £4,524.15m

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 11-Jul-2025

Time Volume / Share Price
13:14 6,603,000 @ 193.50p
13:14 6,603,000 @ 193.50p
16:50 75,392 @ 193.44p
16:35 21,400 @ 193.10p
16:35 19,995 @ 193.10p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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