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The UK's leading triple net lease REIT

LondonMetric was formed from a merger of London & Stamford Property and Metric Property Investments in 2013. Since then, it has since grown its portfolio from £1bn to £7bn and pivoted the portfolio into logistics and other triple net leased sectors.

2025

Further M&A activity​

Further M&A activity​

Portfolio: £7bn

In the summer of 2025, LondonMetric transacted on further M&A, acquiring Urban Logistics REIT for c£700 million and Highcroft Investments for c£40 million. These acquisitions added £1.2billion of urban logistic assets.

2023-2024

LXi REIT Significant investment through M&A activity

Significant investment through M&A activity

Portfolio: £6.0bn

LondonMetric undertook two mergers, acquiring LXI REIT and CT Property Trust. The LXI REIT acquisition doubled the size of the portfolio and added new growth sectors of theme parks, hotels and hospitals.

2020-2022

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Significant growth in urban logistics exposure and portfolio value

Portfolio: £3.6bn

Through our development and investment activities, our urban logistics exposure grew to 44% of the portfolio and we increased our overall distribution exposure to 75%.

2020

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Disposals of larger distribution assets to enable further investment into urban logistics

Portfolio: £2.3bn

Responding to global investor demand for distribution warehousing, the Company sold several larger assets in geographies where it expected muted income growth. The sales improved income diversification and provided headroom to invest further into urban logistics and long income assets.

2018-2019

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Investment into urban logistics, latterly through the acquisition of A&J Mucklow

Portfolio: £2.4bn

The Company continues its sell down of retail assets and makes selective disposals of larger distribution warehouses. It reinvests the proceeds into distribution with a specific focus on urban logistics where the £0.4bn acquisition of A&J Mucklow in 2019 helped to increase its urban logistics exposure to £0.8bn.

2015-2017

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Portfolio repositioning and refinancing


Portfolio: £1.4bn

LondonMetric repositions its portfolio, significantly increasing its distribution exposure from 40% to c70% of the portfolio. Acquisitions were funded through the sale of a number of retail warehouses and its remaining offices. The Company undertakes a number of debt refinancings and raises £95m in March 2017 through an equity placing.

2013-2015

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£830m merger and portfolio repositioning

Portfolio: £1.2bn

London & Stamford and Metric Property merge to create LondonMetric Property in an £830m deal. The company undertakes a significant number of retail warehouse and distribution acquisitions funded through the disposal of London office and residential assets.

2010

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Metric Property IPO

Metric Property raises £175m at IPO and invests in out of town retail parks. London & Stamford converts to a REIT and lists on the UK’s Main Market.

2007

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London & Stamford IPO

Raises £246m at IPO in 2007 and a further £225m in 2009. It invested into central London residential, City of London & M25 office, retail and distribution.