LondonMetric Disposes of a Non Core Asset for £15 Million and Acquires a Retail Asset for £8 Million

Feb 16 2022

LondonMetric Property Plc ("LondonMetric") has disposed of a car showroom investment in Solihull for £15.0 million, reflecting a NIY of 4.75%.

Separately, LondonMetric has acquired a 40,000 sq ft NNN retail asset in Middleway, Birmingham for £8.0 million, reflecting a NIY of 7.8%.