LondonMetric Property (GB:LMP) has released an update.
LondonMetric Property PLC has reported an increase in annual rental income by £8.5 million for the current financial year, with a significant 17% uplift in rent reviews and 25% in urban logistics. The company has successfully renegotiated and signed new leases, including high-profile deals with M&S and Sainsbury’s, leading to substantial rent increases and extended average lease terms. These achievements highlight LondonMetric’s strategic focus on high-quality assets in sectors with strong structural growth.
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