LondonMetric Property Plc (“LondonMetric”) announces that it has sold 24 properties across various non core sectors for a total consideration of £57.9 million, reflecting a 6% profit over prevailing book values. 

Separately, LondonMetric has acquired a retail park on the outskirts of Basildon for £10.0 million, reflecting a NIY of 6.7% rising to 7.3% following upcoming rent reviews.