LondonMetric Property ( (GB:LMP) ) has provided an update.
LondonMetric Property Plc has announced an increase in annual rental income by £13.2 million through 122 lettings, regears, and rent reviews since September 2024. This includes significant transactions in urban logistics, convenience lettings, and a regear at Warwick Castle, reflecting strong occupational demand and supporting the company’s capital allocation decisions. The company aims to maintain high occupancy rates and deliver an additional £26 million in rent by March 2026.
More about LondonMetric Property
LondonMetric Property Plc is the UK’s leading triple net lease REIT with a £6 billion portfolio focused on sectors such as logistics, healthcare, convenience, entertainment, and leisure. The company owns and manages 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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