An announcement from LondonMetric Property ( (GB:LMP) ) is now available.
LondonMetric Property Plc has announced an increase of £13.2 million in annual rental income from recent occupational activities, including 122 lettings, regears, and rent reviews. Key transactions include significant uplifts in urban logistics warehouses and convenience lettings, as well as a regear at Warwick Castle. The company has also secured additional income through rent reviews, reflecting a strong demand for its high-quality assets and supporting its capital allocation decisions.
More about LondonMetric Property
LondonMetric Property Plc is the UK’s leading triple net lease Real Estate Investment Trust (REIT) with a £6 billion portfolio. The company focuses on sectors such as logistics, healthcare, convenience, entertainment, and leisure, owning and managing real estate that meets occupiers’ demands and delivers reliable, growing income-led returns.
YTD Price Performance: 3.50%
Average Trading Volume: 5,383,375
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.81B
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