LondonMetric Property (LMP)

Sector:

Property Investment Trusts

Index:

FTSE 100

192.20p
   
  • Change Today:
      0.20p
  • 52 Week High: 209.00
  • 52 Week Low: 170.50
  • Currency: UK Pounds
  • Shares Issued: 2,342.91m
  • Volume: 7,311,861
  • Market Cap: £4,503.07m

LondonMetric sells further six assets, acquisitions boost portfolio value by £7.3bn

By Iain Gilbert

Date: Wednesday 09 Jul 2025

LONDON (ShareCast) - (Sharecast News) - Real estate investment trust LondonMetric said on Wednesday that it has sold a further six assets for £42.6m since its FY results announcement in May.
So far this financial year, LondonMetric has sold 14 assets for £106.0m, in line with 31 March 2025 book values.

LondonMetric said that the recent acquisitions of Highcroft Investment and Urban Logistics REIT had increased the value of its portfolio by £7.3bn, which it said had continued to "perform well", with occupier demand remaining strong.

Since 31 March, LondonMetric noted that it has added £3.1m per annum of additional rent from asset management initiatives, while it also said 59 rent reviews had been settled, adding £2.4m per annum, at an average uplift of 16% above previous passing rent on a five-yearly equivalent basis.

LondonMetric also stated that as part of the Urban Logistics and Highcroft acquisitions, it has taken on secured debt facilities of £484.0m at an average drawn rate of 4.26%. Available debt facilities now total £1.0bn, providing "significant optionality" to finance future transactions and debt expiries.





Reporting by Iain Gilbert at Sharecast.com

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LMP Market Data

Currency UK Pounds
Share Price 192.20p
Change Today 0.20p
% Change 0.10 %
52 Week High 209.00
52 Week Low 170.50
Volume 7,311,861
Shares Issued 2,342.91m
Market Cap £4,503.07m

LMP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.92% below the market average54.92% below the market average54.92% below the market average54.92% below the market average54.92% 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
19.97% above the market average19.97% above the market average19.97% above the market average19.97% above the market average19.97% above the market average
Sector averageSector averageSector averageSector averageSector average
Income
53.17% above the market average53.17% above the market average53.17% above the market average53.17% above the market average53.17% 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
96.39% above the market average96.39% above the market average96.39% above the market average96.39% above the market average96.39% 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 17-Jul-2025

Time Volume / Share Price
15:59 3 @ 192.70p
16:35 26,682 @ 192.20p
16:35 8,004 @ 192.20p
16:35 1,181 @ 192.20p
16:35 9,300 @ 192.20p

LMP Key Personnel

Finance Director Martin McGann
CEO Andrew Jones
Chair Alistair Elliott

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