Earnings GrowthLondonMetric has reported a year of exceptionally strong earnings growth with EPRA EPS up 21%, and the dividend correspondingly increased by 18%.
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.
Strategic ManagementManagement has a proven track record of rapid realisation of synergies and disposal of non-core assets at book value, creating shareholder valuation.