EarningsLondonMetric has reported a year of exceptionally strong earnings growth with EPRA EPS up 21%, and the dividend correspondingly increased by 18%.
Growth PotentialThere is every reason for the relatively high rating to persist given strong earnings growth potential from the Logistics reversionary portfolio.
Portfolio QualityThe company has built a high quality portfolio with very long unexpired lease terms, effectively full occupancy at 99%, and 77% of the rent roll is subject to contractual rental uplifts.