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LondonMetric Sells Lichfield Retail Park For £13.3 Million

27 April 2015

LondonMetric Property Plc announces that the Metric Income Plus Limited Partnership, its joint venture with the Universities Superannuation Scheme, has exchanged contracts on the sale of its Lichfield retail park to Mayfair Capital's MCCPT for £13.3 million (LondonMetric share: £6.7 million), reflecting a NIY of 5.8% rising to 6.0% in June – 65% of the rental income benefits from future fixed or indexed uplifts.

The full announcement can be found in the attached file.

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