History of the group

2015

Significant repositioning of portfolio and new debt facilities

  • Market capitalisation reaches £1 billion
  • Portfolio repositioning increases core assets to 90% of portfolio; distribution assets represent 47% of portfolio
  • Acquires and develops 1m sq ft distribution Warehouse development in Islip, Northamptonshire
  • Disposal of last remaining London office for £139m
  • Debt refinancing and extension on distribution assets and new 5 year £400m unsecured debt with syndicate of 5 lenders

2013

£830m merger of London & Stamford and Metric Property

  • LondonMetric Property formed
  • £830m merger of London & Stamford and Metric Property in January 2013
  • Top 10 UK REIT
  • £100m returned to shareholders
  • Significant retail warehouse acquisitions and disposal of London assets

LondonMetric Property Plc

2010

Metric Property £175m IPO

  • Metric Property raises £175m at IPO in March 2010
  • London & Stamford converts to a REIT and lists on Main Market
  • Out of town retail portfolio assembled by Metric Property

Metric Property Investments Plc

2007

London & Stamford £248m IPO

  • London & Stamford raised £246m at IPO in Nov 2007
  • Raised further equity of £225m in July 2009
  • Significant investments in central London residential, M25 office and distribution warehouse

London & Stamford Property Plc

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