2017

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31 May 2017

LondonMetric Announces Full Year Results to March 2017

LondonMetric today announces its annual results for the year ended 31 March 2017.

The full announcement can be found in the attached file.

31 May 2017

LondonMetric acquires three urban logistics warehouses for £24 million

LondonMetric Property Plc (“LondonMetric”) announces the acquisition of three separate urban logistic warehouses in Crawley, Coventry and Huyton for £23.9 million.

24 May 2017

LondonMetric Sells Retail Asset in Loughborough for £32.5 Million

LondonMetric Property Plc (“LondonMetric”) announces that it has sold its Morrisons food store in Loughborough for £32.5 million, reflecting a NIY of 4.25%.
15 May 2017

LondonMetric Pre-lets two Former B&Q Stores on Long leases at Significantly Higher Rent

LondonMetric Property Plc announces that it has fully pre-let two former B&Q stores in Tonbridge and Launceston, where it had previously accepted early surrenders. The lettings have a WAULT of 15 years and deliver an additional rent of £0.6 million per annum.

23 March 2017

LondonMetric agrees 180,000 sq ft redevelopment at Dagenham

LondonMetric Property Plc (“LondonMetric”) announces that it has exchanged contracts with Eddie Stobart to build a single new 180,000 sq ft distribution unit at its logistics centre in Dagenham.

20 March 2017

LondonMetric acquires two last mile distribution warehouses for £12 million

LondonMetric Property Plc ("LondonMetric") announces the acquisition of two last mile distribution warehouses in Leeds for £12.0 million, reflecting a blended NIY OF 6.0% and a reversionary yield of 6.5%.

15 March 2017

LondonMetric sells three retail assets for £61 million

LondonMetric Property Plc (“LondonMetric”) announces that it has sold three retail parks in Christchurch, Bedford and Maidstone for £60.9 million.

21 February 2017

LondonMetric Aquires Two Distribution Warehouses for £16 Million

LondonMetric Property Plc ("LondonMetric") announces the acquisitions of a regional distribution warehouse in Wakefield for £9.5 million and a last mile distribution warehouse in Dartford for £6.3 million; reflecting a blended NIY of 5.8% and a reversionary yield of 6.4%.

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