LondonMetric Property sells £37 million of office assets
LONDON: LondonMetric Property Plc announced that it has exchanged contracts to sell two offices in Scotland to a single buyer for £36.6 million, reflecting a...
LondonMetric Property streamlines portfolio with strategic sales and acquisitions
LONDON: LondonMetric Property Plc has successfully divested seven properties for a total of £31.3 million, achieving a 7.0% net initial yield (NIY) and securing a...
LondonMetric Property to acquire LXi REIT in a £1.9 billion deal
LONDON: LondonMetric Property and LXi REIT have reached agreement on the terms of a recommended all-share merger. The terms of a proposed all-share merger between...
LondonMetric Property will acquire CT Property Trust for £198.6 million in shares
LONDON, UK: LondonMetric Property Plc will acquire the entire issued and to be issued share capital of CT Property Trust [CTPT] at the rate of...
LondonMetric Property sells four long income and leisure assets for £34 million
LONDON, UK: LondonMetric Property Plc has sold four assets, in separate transactions, for £34.2 million (LondonMetric share: £25.2 million), reflecting a blended NIY of 4.1%....
LondonMetric Property buys two urban logistics properties for £29 million
LONDON, UK: LondonMetric Property Plc announced the acquisition of two urban logistics properties for £28.8 million, in separate transactions, reflecting an anticipated blended yield of...
LondonMetric Property buys properties for £26.7 million
LONDON, UK: LondonMetric Property Plc has bought six London urban logistics warehouses in separate transactions for a total investment of £26.7 million, reflecting an anticipated...
Londonmetric Property acquires logistics warehouse for £15.5 million
LONDON, UK: LondonMetric Property Plc announced the acquisition of an urban logistics warehouse in Luton from Marcol Industrial Investments for £15.5 million. The 168,000 sq...
Londonmetric Property acquires logistics warehouse for £11 million
LONDON, UK: LondonMetric Property Plc announced the acquisition of an urban logistics warehouse in Cardiff for £11.1 million, reflecting a blended NIY of 5.0%. The...
LondonMetric Property sells its retail park in Leeds for £25.2 million
LONDON, UK: LondonMetric Property Plc has sold its retail park in Kirkstall, Leeds, for £25.2 million, to a UK institutional investor. The 120,000 sq ft...
LondonMetric Property buys logistics warehouse in Waltham Cross for £43.8 million
LONDON: LondonMetric Property Plc has bought a well located urban logistics warehouse in Waltham Cross for £43.8 million through a sale and lease back transaction,...
LondonMetric Property acquires two properties in Milton Keynes for £31 million
LONDON: LondonMetric Property Plc has acquired two warehouses in Milton Keynes for £31.2 million, reflecting a blended net initial yield of 4.4% and a reversionary...