LondonMetric Property

LMPReal Estate
191.07GBX
-0.23%
Market Cap
4.02B
Volume
10.05M
157% of avg
P/E Ratio
0.14
EPS (TTM)
13.3
Beta
0.85
Day Range
190.40p - 191.90p
52 Week Range
167.10p191.07p210.80p
191.07p

Upcoming Events

9 May 2025
Deadline for LondonMetric to announce a firm intention to make an offer or state it does not intend to make an offer
High Impact Event
15 May 2025
Court Meeting and General Meeting to approve the Scheme
High Impact Event
16 May 2025
Payment of Highcroft's interim dividend
20 May 2025
Announcement of LondonMetric's full year results
High Impact Event
21 May 2025
Expected Effective Date of the Scheme
High Impact Event
30 June 2025
Expected Effective Date of the Scheme
High Impact Event
11 July 2025
Payment of LondonMetric's fourth quarterly dividend
1 March 2026
LondonMetric to deliver c.£26 million of additional rent over the 18 month period to March 2026
High Impact Event
Summer 2026
Completion of the new M&S logistics warehouse
High Impact Event
LMP
NEUTRAL

LondonMetric Announces Recommended Offer for Urban Logistics REIT

The real estate investment trust announces a recommended cash and share offer to acquire the entire issued share capital of Urban Logistics REIT.

LMP
NEUTRAL

LondonMetric Director's Wife Increases Shareholding

The wife of a LondonMetric director has increased her shareholding in the FTSE 250 REIT through a series of share acquisitions.

LMP
NEUTRAL

LondonMetric Director Increases Shareholding

The retailer's Non-Executive Director has increased their shareholding in the company through the re-investment of dividends.

LMP
NEUTRAL

LondonMetric Confirms Possible Offer for Urban Logistics REIT

The real estate investment trust confirms it has submitted a non-binding, indicative proposal to acquire Urban Logistics REIT, subject to certain pre-conditions.

LMP
VERY GOOD

LondonMetric Acquires £74M M&S Logistics Warehouse

The prominent REIT has acquired a new logistics warehouse leased to M&S for £74 million, providing long-term, recurring income.

LMP
GOOD

LondonMetric Completes £40M Logistics Asset Sales

The major REIT has sold £40 million of mature and non-core urban warehousing, reflecting a NIY of 4.3%. The sales were in line with book values and delivered strong unlevered returns.

LMP
GOOD

LondonMetric to Acquire Highcroft Investments in All-Share Deal

The prominent real estate investment trust LondonMetric has announced plans to acquire Highcroft Investments in an all-share deal. The transaction is expected to be earnings accretive for the combined group.

LMP
NEUTRAL

LondonMetric Assigned BBB+ Investment Grade Rating

The real estate investment trust has been assigned a BBB+ investment grade credit rating by Fitch Ratings, giving it more financing flexibility.

LMP
NEUTRAL

LondonMetric Announces Director Shareholding Change

The major REIT has announced a change in director shareholdings, with a company closely associated with two non-executive directors selling a portion of its stake.

LMP
NEUTRAL

BlackRock Increases Stake in LondonMetric Property

The major shareholder BlackRock has increased its stake in the real estate investment trust LondonMetric Property.